#比特币反弹 $ETH Last night, after stopping the decline at 1800, the V-shaped rebound occurred. The 2.24 level emphasized on February 22nd has once again gained strength! ETH's overall structure follows BTC, and at this point, it is even stronger than BTC.

ETH is currently experiencing a rebound within a downtrend. After the rebound ends, it will continue to decline (see the previous ETH trend analysis tweet on the daily chart). There are two possible scenarios for ETH shown in the chart:

Red route: This upward move is similar to the 1747-2152 level, forming the entire rebound along with the previous one. It is expected to end before the weekly close this week or next week, after which ETH will continue to fall, reaching a stage low in mid to late March.

Blue route: The current movement is just a rebound within the blue box shown in the chart. The rebound level in this path is smaller, and it may end in the next couple of days. After that, ETH will continue to decline.

Red and blue trends lead to the same destination; the only difference is the level of the rebound. The key to distinguishing whether the move is red or blue lies in the depth and duration of the correction after the first wave of the rally starting from 1800.