Good afternoon, in the past few days, Ether has had significant fluctuations while BTC has experienced relatively smaller fluctuations. Ether is mainly completing the standard descending structure since the downward trend on the daily chart of the 25th. Until early this morning, a standard descending pattern has been formed, meeting the conditions for a swing trading rebound. After last night's decline, a rebound has now started. Today, pay attention to the strength of the daytime rebound. If it breaks through around 4350, then a震荡反弹 on the daily chart will begin. This week, the震荡反弹 is expected to reach around 4500-4600. Of course, if it fails to break through around 4350 by the afternoon or forms a bottoming pattern, there will be another short-term downward move, and it must break 4200 to initiate a rebound. The trend judgment for BTC indicates a downward movement on the weekly chart, and the first wave of the weekly downward trend has still not completed. Currently, a daily chart震荡反弹 since the downward move on the 17th is expected to begin. After the rebound, another downward wave is still anticipated, which will mark the end of the first wave of the weekly downward trend. This week, the rebound pressure is around 113000.