There are many altcoin structures similar to GALA, which have currently broken through the downtrend line and transitioned to the previous consolidation range at the bottom. Currently, Ether at 3750 corresponds to the bottom support level of the second to last consolidation range of these altcoins. This morning, when Ether had a long wick candle, I also set up two low leverage long orders in the spot market for altcoins. In the evening, if Ether revisits 3750 and holds, it could form a double bottom and see a rebound. If it doesn't hold, then I will exit the altcoins or reduce half of my position and wait to re-enter near the previous low in this cycle.
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There are many altcoin structures similar to GALA, which have currently broken through the downtrend line and transitioned to the previous consolidation range at the bottom. Currently, Ether at 3750 corresponds to the bottom support level of the second to last consolidation range of these altcoins. This morning, when Ether had a long wick candle, I also set up two low leverage long orders in the spot market for altcoins. In the evening, if Ether revisits 3750 and holds, it could form a double bottom and see a rebound. If it doesn't hold, then I will exit the altcoins or reduce half of my position and wait to re-enter near the previous low in this cycle.