The short-term midday update prompts to look at the rebound first, and then the market gives the position decisively to enter the market directly near 92000 during the intraday. The big cake stopped at 94000 and won 1700 points. This is the charm of seeing the trend rhythm!
From the 4-hour chart, the short-term rebound has not been able to break through the MA5/10 daily moving average, which shows that the strength of the rebound is slightly insufficient. However, the short-term has received 2 positive Ks again. If it can break through and stand firm, then the short-term may continue to rebound, thus ending the short-term unilateral decline. It is also suggested at noon that if it breaks through 95000, it can be adjusted in line with the trend! We can try to choose to retrace in the afternoon!
The big cake retreats to 94000-93500 and is expected to be around 95000-96000!
Ethereum is around 3280-3260 and is expected to be around 3350