The current market is in a fluctuating bearish pattern, with prices operating near the middle band of the Bollinger Bands. The short-term support level is around 3295, while the upper resistance level is near 3380. Technical indicators show that moving averages are tangled with an unclear direction, MACD has a death cross and the histogram has turned negative, and KDJ is diverging downwards, indicating weak short-term momentum. The trading volume shows characteristics of a significant drop followed by a reduced rebound, and market sentiment is cautious, with bears currently in control.
Going forward, it is essential to pay attention to the effectiveness of the lower support; if it fails, it may open up further downward space.
Bitcoin faces resistance in the range of 92600–93400, and may subsequently test the area of 91000–90000;
Ethereum has a resistance level around 3355–3385, and may subsequently dip to the range of 3285–3245.
(For reference only, the market has risks, and decisions should be made cautiously)
$BTC $ETH $BNB
Going forward, it is essential to pay attention to the effectiveness of the lower support; if it fails, it may open up further downward space.
Bitcoin faces resistance in the range of 92600–93400, and may subsequently test the area of 91000–90000;
Ethereum has a resistance level around 3355–3385, and may subsequently dip to the range of 3285–3245.
(For reference only, the market has risks, and decisions should be made cautiously)
$BTC $ETH $BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
90,212.88
-3.15%
ETH
3,200.01
-5.02%