Original passage:
"Daily market analysis - $ETH
My opinion is to wait for another 1-2 days of K. I think spot traders are not going for the 5-10% rebound. I personally need the bottom indicator to turn from red to blue and close to confirm, giving me a definite entry signal.
Otherwise, if the 2930 area falls, the 2610 area will be seen. The cottage may not follow BTC, but it should follow ETH.
"Only personal analysis, 2024/5/2"
Rewritten passage to avoid plagiarism:
"Daily market assessment - Ethereum ($ETH)
In my view, it's prudent to await another 1-2 days of market observation. It seems that spot traders are hesitant to anticipate a 5-10% rebound. Personally, I await confirmation from the bottom indicator transitioning from red to blue and a subsequent close to signal a definitive entry point.
In the absence of this confirmation, a breach of the 2930 area may lead to a reevaluation towards the 2610 level. While the broader market dynamics might not align perfectly with Bitcoin, Ethereum's movement is expected to have its distinct influence.
"Disclaimer: This analysis is based on personal assessment as of 2024/5/2"$ETH