After taking profits on the large pancake short position, we have reached the key resistance at 76000, which is also a relatively high value position and aligns with psychological expectations. This is likely to be a recent high point, and breaking through this level may lead to a short-term rebound. Currently, after touching the peak, we are starting to see a downward trend, with support around 74000.

It has been a long time since we saw Ethereum with a daily gain of over 9%. In recent days, the altcoin market has been performing well, which is also a contributing factor to the rally. Around 2400 is currently a recent peak, and it is also showing a downward trend, with support around 2280.

There are two factors for the market rebound: first, a pause in the war, although there is still the possibility of renewed conflict; second, there are rumors of interest rate cuts from the Federal Reserve. Various expectations have fueled this round of market activity, and we should be cautious of potential retracement risks.

$ETH

#BTC走势分析
#ETH走势分析

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