Since the 4754 point level in October, the bottom has been continuously making new lows, but there has been a change in the recent market—sudden rise in the lows. This structural shift is really worth paying attention to.
The key question is: Is this a signal of a bottom reversal, or just a rebound? The difference is significant. If this wave fails to form a true main upward trend, the market is very likely to enter a bear cycle early, or even crash outright. Conversely, if this is indeed a bottom confirmation, there is a lot of room for contract long positions, and doubling your investment is not a dream.
Looking at benchmarks, BTC's critical resistance is in the 98-96 range; breaking through this level suggests considering medium-term short positions. For Ethereum, the corresponding resistance level is around 3600. However, the current problem is that too many people are trying to bottom fish, and continuous sell-offs are happening, adding uncertainty to a potential reversal.
In summary, pay close attention to the upcoming trend confirmation. The 2870 line is the risk bottom line, and it must be watched carefully.
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Since the 4754 point level in October, the bottom has been continuously making new lows, but there has been a change in the recent market—sudden rise in the lows. This structural shift is really worth paying attention to.
The key question is: Is this a signal of a bottom reversal, or just a rebound? The difference is significant. If this wave fails to form a true main upward trend, the market is very likely to enter a bear cycle early, or even crash outright. Conversely, if this is indeed a bottom confirmation, there is a lot of room for contract long positions, and doubling your investment is not a dream.
Looking at benchmarks, BTC's critical resistance is in the 98-96 range; breaking through this level suggests considering medium-term short positions. For Ethereum, the corresponding resistance level is around 3600. However, the current problem is that too many people are trying to bottom fish, and continuous sell-offs are happening, adding uncertainty to a potential reversal.
In summary, pay close attention to the upcoming trend confirmation. The 2870 line is the risk bottom line, and it must be watched carefully.