ETH has a significant negative deviation, with the K-line showing a curved downward trend. This kind of movement is conducive to accelerating adjustments between bulls and bears, indicating that local bulls are defending and counterattacking in a small range, and the market can still experience localized fluctuations and break upwards.

Then, a market order was provided in the range of 3353~3272, with the lowest price at 3270, which has now reached the previously expected target above 3485. Short-term attention should be paid to taking profits, as the market is still ongoing.

From the daily chart perspective, this is a second retest (entity) of the previous M-top neckline, with some expected space above, but it should be noted that this is still within the retest range and not a trend opportunity.

From the 1H to 4H range, the price has detached from the bottom trend, and the medium-short term resistance and support have completed their transformation. Future pullbacks to low buys are trend-following trades; however, there are still upper shape resistances and long cycle resistances, so be cautious about chasing during the rise, and wait for a breakout to establish new support before entering.

Short-term resistance is at 3575~3611, with a second resistance at 3680~3711 (after probing this area, a pullback to short-term resistance can be entered, defending at 3548), and short-term support is at 3437~3380 (monitor for trading), with second support at 3188~3075 (backup). #比特币市场波动观察 #币安LaunchpoolBIO #BinanceLabs投资Usual #加密市场反弹 #灰度提交Horizen信托文件