This round of BTC decline has formed a bullish pattern of a falling wedge; ETH pulled back and repaired after the capital shock yesterday.

The one with the highest yield is often the safest.

The key point has arrived, and the long-short battle is about to determine the direction.

The rise in Gas fees, on the one hand, heralds the great prosperity of Ethereum, but on the other hand, it also reflects that the congestion of the Ethereum network is still hindering its development.

If the stubborn disease is not cured, how can we be reborn? Although DeFi continues to heat up and the testnet iterates frequently, network congestion and high transfer fees are chronic problems that cannot be cured.

Support at $220, $200, resistance at $240 and $250.

After the March 12 crash, Bitcoin (BTC) and Ethereum (ETH) have largely recovered, while assets like Bitcoin Cash (BCH) and Litecoin (LTC) have temporarily lagged behind.

Although the key midline support has not yet been broken, the break of the 60-day moving average is not good for the bulls, and they should be more cautious than before.

Is the rebound after the waterfall? Might be a bigger waterfall.

The continued growth in Ethereum usage makes me very skeptical that we're in something like the second half of 2016 in terms of a cryptocurrency "market cycle"?

BTC has fluctuated and fallen from yesterday to now; ETH has gone out of the C wave form.

We are waiting for a signal from the lower edge of the center to stop falling.

Mainly empty orders.

Personal suggestion: Investment ratio of mainstream currencies, 30% will be invested in Bitcoin, and 70% will be invested in Ethereum. Ethereum will be the focus of the entire circle and the focus of the future.

BTC is consolidating in the range of 9100-9300 US dollars, paying attention to the breakthrough of pressure/support.

The short trend is obvious.