Yesterday through today, the disk has maintained an overall oscillating downtrend. After multiple failed attempts to rally, it ultimately chose to break down, with bearish sentiment taking the lead.
From the current disk perspective, the 4-hour level shows that price has effectively broken below the 90700-90000 support level, with this position now converted into short-term strong resistance. The hourly chart displays consecutive long upper wick candlesticks, and the MACD indicator formed a death cross above the zero axis. The RSI indicator continues to run below the 50 neutral level, indicating that bearish momentum is gradually accumulating with insufficient rebound strength. Combining technical indicators and price patterns, the current market shows a clear bearish setup. If price fails to effectively break through the upper resistance zone, it may further probe the 89000 level. Therefore, the subsequent market strategy is to treat rallies as shorting opportunities.
BTC rally controlled near 90700-91500, downside target 89300-88300. ETH rally controlled near 3140-3180, downside target 3050-2980$BTC $ETH #美联储降息
Yesterday through today, the disk has maintained an overall oscillating downtrend. After multiple failed attempts to rally, it ultimately chose to break down, with bearish sentiment taking the lead.
From the current disk perspective, the 4-hour level shows that price has effectively broken below the 90700-90000 support level, with this position now converted into short-term strong resistance. The hourly chart displays consecutive long upper wick candlesticks, and the MACD indicator formed a death cross above the zero axis. The RSI indicator continues to run below the 50 neutral level, indicating that bearish momentum is gradually accumulating with insufficient rebound strength. Combining technical indicators and price patterns, the current market shows a clear bearish setup. If price fails to effectively break through the upper resistance zone, it may further probe the 89000 level. Therefore, the subsequent market strategy is to treat rallies as shorting opportunities.
BTC rally controlled near 90700-91500, downside target 89300-88300.
ETH rally controlled near 3140-3180, downside target 3050-2980$BTC $ETH #美联储降息