Good evening! Currently under pressure below all major moving averages, the technical structure is comprehensively weakening. The MA5/MA20 cross has established a peak arrangement, and being far from MA120 indicates a downward medium-term trend. The MACD dual lines continue to operate below the zero axis, and although there are signs of low-level stagnation, the rebound momentum is significantly limited. Currently, it is close to the lower Bollinger band, with the middle band coinciding with MA20 forming a strong resistance zone, limiting the rebound space.
BTC faces resistance around 87200-88000, and may subsequently test the 86000-84800 range;
ETH faces resistance around 2950-2980, and may subsequently test the 2890-2845 area.
$BTC $ETH $LTC
BTC faces resistance around 87200-88000, and may subsequently test the 86000-84800 range;
ETH faces resistance around 2950-2980, and may subsequently test the 2890-2845 area.
$BTC $ETH $LTC
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BTC
86,450.71
-1.42%
ETH
2,848.17
-3.34%