From the overall structure, after failing to reach 64,500 last night, it fell back quickly. At present, a large negative column on the four-hour line directly broke through the middle rail support and came to the lower rail area of the Bollinger band, but did not break through the 62,000 support below!
From a small cycle perspective, the upward channel remains unchanged, and the trend is accompanied by a step-by-step upward repair. Under this rhythm, there is a certain continuity above. The short-term correction is just a repair, not a structural change, so the idea is to step back and do more!
Operational ideas: step back to 62,200-61,800, defend 600 points, and continue to hold if the target is 63,000-63,500.
Ethereum step back: 2400-2370, defend 40 points, and target 2470-2500 to hold.
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