According to the decline, I made an assumption of rounded top assumption⁉Will Bitcoin continue to fall?
I gave you two instructions. One is that I am still bullish and the other is that I think there will be a second decline and pullback before rising‼ So why did I give an analysis of Ethereum may fall from the range of 3720 to 3780 again? It is mainly because the rebound after this plunge was very small, and the resisitance band from 3720 to 3780 in the upper side haven’t been reached, and the selling pressure was not sufficient. These factors are very consistent with the conditions for a decline shaping as rounded top. Therefore, as long as 3720 cannot be broken through, or 3750 cannot be stabilized after 3720 is breaken through, it is very likely to have a rounded top trend. What is the rounded top⁉
Look at the picture below carefully‼
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