#ETH Bitcoin, Ethereum market analysis of the weekend

After the price of Bitcoin continued to rise, a major correction finally occurred. Currently, Bitcoin has fallen below the 30-day moving average, so the trend is still on the bearish side, now it is rebounding, but the strength of the rebound is not very strong. Today's Bitcoin rebound is looking up around 114000 and 116000. Support below is around 112000 and 110000. Around 112000 is important support, this location is the exchange point of support and resistance. Looking at the larger cycle of Bitcoin, after an increase at the daily level, a decline usually occurs back to the previous peak before continuing to rise, so currently Bitcoin is also falling back to around 120000, which is the previous peak of the rise, so this position is worth betting on a long position, not for short, this is a fundamental signal from the market.
The history of Ether has always been very similar, switching to the daily K-line level, the limit of 4000, unable to rise, falling again, unable to rise again, continuing to fall. So this wave is also the same, peaking around 3950, approaching 4000, still unable to rise, falling again, last night the lowest reached around 3350, a decrease of 600 points.
Ether today rebounded facing resistance around 3470 to 3535, and support below around 3350 to 3370.
For those holding a long position at the底部, remember to set a stop loss to avoid losses, and leave the rest to time! #美联储维持利率不变