Ethereum ETH has shown clear signs of rebound after a four hour oscillation for a day. As we mentioned in the early review, hitting the bottom and rebounding is also a normal sign. There are obvious signs of upward movement at the bottom, and the upper level remains unchanged, focusing on the 4140-4180 area. The daily bottom is focused on the intraday support level 4040-4020 area. It has been at the 4000-3980 level for the past two days over the weekend, and there is a clear signal of bottoming out at this position. When this period of oscillation is over, it can basically reverse.
- BTC rebounded at the 1-hour level as expected, but did not reach the 4-hour level. Whether it can continue its diffusion structure requires attention to the 11k break.
- Ether is a follower structure, and the small frequencies in the middle can be filtered out.
- The Federal Reserve says inflation will be difficult to achieve before 2028, and policies need to remain tight
- SEC and CFTC hold first joint roundtable meeting, emphasizing coordination of cryptocurrency regulation
- BlackRock IBIT becomes the world’s largest Bitcoin options trading platform
- Giant Whale transfers 2011 BTC to new wallet, there may be follow-up actions
- Worldcoin team transfers 20.66 million WLDs to Kraken
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