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BTC ETH evening trend prediction
The PCE index announced tonight also met expectations, and overall it is a neutral to slightly positive message. When the data came out, ETH rebounded from 3884 to 3962. Could this be a key turning point tonight?
Pay attention to the position around 111400 for BTC in the evening. A breakout above this position on the four-hour level will give strength to the upcoming rebound, with the breakout target looking at the range of 112560~113500. If it cannot break through on the four-hour level, the market will continue to pull back, with the pullback target in the range of 118500~117800.
ETH refers to the position of 3970. If it breaks this level on the hourly chart, we can look towards around 4020. Only if it breaks 4020 will this rebound truly gain strength, and we can then look towards 4100. If it fails to break on the hourly level, we will continue to see a pullback, with the pullback target in the range of 3870 to 3830. If it breaks below, it will continue to dive.