ETH formed a reversal pattern within a trading day, creating a door-like shape on the chart‼ BTC breaks through and then falls below the 60,000 , and is about to fall again⁉
Don't panic. This is actually a bullish trend‼
On last weekend, Ethereum and Bitcoin both ushered in a relatively strong bounce, but the trading volume is too small to break through the key resisitance level, so Bitcoin fell below 60,000 in the morning on Monday, and Ethereum also fell , forming a door-like shape on the chart. This is actually a very standard market manipulation to whipsaw the bulls before a major upward trend. ETH fell to 2605 and bounced to 2640. If its movement is unfavorable for trading, it may retest the support band between 2480 and 2540 for the second time. If its market trend is favorable, it will continue to rise to 2700 after the door-like shape pattern. The current maximum floating profit of my buy orders is nearly 40,000u, but I still did not choose to close the position but continue to hold them.
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