Market review: Judging from the market situation in the past few days, after the big pie failed to hit 7.4, the market began to correct. The lowest point reached 60766, a drop of 12,000 points, which is also relatively large. We all know that the big pie decreased on 4.20. Half, then will this wave of correction mean that the market is digested in advance? In fact, this is not the case. For me personally, this wave of correction means that the bullish sentiment in the market is too high, and the arrogance of killing many armies has nothing to do with the halving of the pie!
Market analysis: I personally believe that after this correction, the market will hit a new high this week, and the position of 7.5 is just around the corner. From a technical point of view, the position of 6.9 is already bottoming, and subsequent corrections will reach the position of 6.9. If it doesn’t fall below, it should go to 7.5 before Friday, and then fluctuate and consolidate above 7.3. It will break new highs next week. After that, it will most likely fluctuate in the range of 70,000-80,000, until the pie decreases. Half a year later, there will be another deep correction before the price continues to rise! #ETH #BTC