24/06/25BTC plunged downward to 58400, the stage of decline has ended, and the market is about to start rebounding!
Last night, the market continued to fall and hit 58400 before rebounding. It is currently recovering to around 61500. The stage of decline has ended and the market is about to rebound! Ethereum did not follow the decline of Bitcoin last night and rebounded first, recovering the 3355 platform that it broke yesterday.
The US dollar index fell under pressure at 105.9, and it is still fluctuating in the daily triangle structure. The Greed Fear Index fell 40% in one day, which shows that there is also panic.
Flatbread
After the pin at 58400, the price rebounded to 61500 as of the time of posting, a rebound of 3000 points. This wave of decline was more than 13000 points, a drop of 18.85%, which is not small for the big cake band decline. The first bargain hunting opportunity previously reminded was 59600-62000, the second bargain hunting opportunity was 55000-56552, and the third bargain hunting opportunity was 43000-45000 (in extreme cases). Please wait patiently.
The wave of decline has basically tested the first and second bottom-picking areas. The previous wave fell to 56552 and we bottomed out at 57000. Now I would like to remind you again that this wave of decline has ended and the market is about to start rebounding. You are welcome to join the internal skirt as to where it will rebound to. The rebound height is limited.
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ether
Yesterday, the daytime spike at 3240 did not follow the decline at night. It has rebounded to 3355, which was the bottom of yesterday. Yesterday, we also said that 3000-3100 is a strong support and cannot be broken. If it is broken, there will be extreme market conditions. Ethereum rebounded stronger than Bitcoin. The AI sector took the lead in rebounding FET, AGIX, ARKM...
The probability of ETH/BTC exchange rate touching the downward channel again and breaking upward increases. It depends on whether the alt season can come, but it is still recommended to play strong alt.
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