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After ETH's decline 📉, it quickly rebounded, forming a double top structure.
This time, Bitcoin's decline did not see significant rebounds, but ETH's rebound was quite strong 📈. Currently, it is looking to rise near new highs, but has not been able to break through.
For it to rise further, Bitcoin must either maintain a high-level consolidation or break above 98,000; otherwise, it will follow Bitcoin into a correction. The resistance levels above are:
First is the double top structure in the 3730 to 3830 range.
Second, if Bitcoin maintains high-level consolidation or rises, we could see resistance around 4000.
These levels should be closely monitored.
$BTC
$ETH
This time, Bitcoin's decline did not see significant rebounds, but ETH's rebound was quite strong 📈. Currently, it is looking to rise near new highs, but has not been able to break through.
For it to rise further, Bitcoin must either maintain a high-level consolidation or break above 98,000; otherwise, it will follow Bitcoin into a correction. The resistance levels above are:
First is the double top structure in the 3730 to 3830 range.
Second, if Bitcoin maintains high-level consolidation or rises, we could see resistance around 4000.
These levels should be closely monitored.
$BTC
$ETH
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