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In the article on the 8th, it was suggested that Ethereum and Bitcoin Cash would retrace to the target levels for continued positioning. Several days have passed, and the market has experienced a significant surge, meeting expectations. So, is the current upward movement complete?
This second wave of daily-level upward movement started at the end of March and has formed a relatively standard upward structure. However, the space has not yet been fully utilized. It is expected that after a short-term pullback, there will be another wave of upward movement. Once the upward movement is complete, the market will experience a wave of pullback. For the daily wave, it is advisable to sell in batches.