BTC is consolidating at a high level, while ETH has not followed in BTC's footsteps for quite some time. This wave also provides an opportunity for ETH to catch up.



From a technical perspective, it is currently in a descending wedge formation, which is typically a bullish signal.

When it pulls back to 117k-117.5k, we can see a wave rebound. This position is an important support area, with targets at 118.7k, 120.5k, and 122k.
BTC0.7%
ETH0.77%
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