ETH potential W-shaped double bottom? Can we still buy the bottom?

After the retracement on Friday, both Bitcoin and Ethereum have seen a small rebound over the weekend, but neither has broken through the downward trend, and no obvious volume has appeared.

From the four-hour and daily charts, Ethereum has diverged for a long time and reached the low point in early August, forming a double bottom structure on the K line. However, such a graph may not mean that it will rebound immediately, and the trend has not reversed at the moment. It is very likely that it will continue to test the low point, and the probability of creating a new low is not ruled out.

At present, for Ethereum, the effective support position is around 2250-2200 US dollars, and only if it breaks through and stands firm at 2400 can a reversal trend be formed, so those who want to buy the bottom don’t have to be so anxious, there are still opportunities. $BTC $ETH #美联储何时降息？