The decrease in the length of the downward extensions and the increase in the slope of the upward corrections in the 4-hour time frame indicate the increase in the power of buyers.
On the other hand, the distance of collisions with the downward trend line has decreased, which can increase the probability of its failure.
The resistance of 1550 will be determined until the closing of this candle.
In this situation, Dominance Bit is also down, it seems that Ethereum is the main market leader, which is still waiting for the results of the market, and it should be seen whether it can change the market trend or not.
On the other hand, the distance of collisions with the downward trend line has decreased, which can increase the probability of its failure.
The resistance of 1550 will be determined until the closing of this candle.
In this situation, Dominance Bit is also down, it seems that Ethereum is the main market leader, which is still waiting for the results of the market, and it should be seen whether it can change the market trend or not.