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Is this rhythm correct?
The Asian market plummets, the European market fluctuates, waiting for the US stocks to rally?
It's said that a sharp drop is always followed by a rebound. The strength of the rebound during the day session is so significant that there is absolutely no reason to bottom fish. The rebound at the opening of the U.S. stock market also provides an opportunity for the bears to get in!
The rebound strength of Bitcoin has also been overestimated. It didn't reach the highest point at a stable position before rebounding to 8690. Before the US market opened, it even hit a new low of 8470. As mentioned before, without stabilizing at 8830, a rebound is bearish. Isn't it better to catch a better position with a 2200-point space?
Ethereum has entered at the 2850 line, with currently 60 points of space. Before the US market opens, it should take profits. Pay attention to the resistance above at 2842-2915, and wait for a rebound to that position to re-enter! $BTC