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Good news, Ethereum may finally be poised for a daily rebound after nine consecutive days of decline!
The negative sentiment from the Japanese rate hike meeting has been digested during this period. The official news initially seemed somewhat exhausted in its bearish impact, but the smaller-than-expected rate hike suggests a slight dovish tone. On the daily chart, it appears that Bitcoin is currently undergoing a wave b rebound wave. In terms of time and magnitude, it indeed seems insufficient, indicating that there will still be some upward fluctuations before moving into wave c.
Back to Ethereum, at 11:45 on the 15-minute chart, there was a volume anomaly. The price didn't change much, but the volume was very prominent, indicating smart money entering or someone accumulating at this level to complete a shakeout, followed by a rebound.
Specifically, around 86,000 for Bitcoin, enter Dodo Dan.
For Ethereum, around 2880, enter #成长值抽奖赢金条和精美周边 #GateLaunchpadKDK认购上线 #市场触底了吗?