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There are quite a few opportunities for Ethereum to jump around, but they are merely fleeting chances. Regardless of whether the market is bullish or bearish, once the pattern is established, profits can quickly turn into losses. Before the market trend has fully developed, it's important to look for opportunities with greater certainty before taking action, in order to navigate such market conditions better. The position around 4250 for Ethereum is just a support level, and it seems that there could be a rebound to around 4310. However, at the close, 4250 has turned into a resistance. From the daily perspective, if it can dip down to around 4140, the overall pattern will look quite healthy.
The Bitcoin has entered a downward channel, and the support around 112000 has also become severely damaged. If it continues to decline, it may go down to around 107000. Fortunately, the overall market does not react strongly to the fluctuations of Bitcoin. No pain, no gain; until there is no significant volume in the decline, it will not be the bottom. Hold your spot carefully, do not panic sell, and before the market arrives, do not over-invest. Leave yourself a way out; that is being responsible for your investment.
Moreover, altcoins are also a bloodbath in the market, let's see if there are any new things to do. OKB has been performing quite well these past few days, the exchange has been pumping it, with a circulation of 21 million coins and a market cap of less than 6 billion, it feels a bit undervalued.