From the current market situation, Bitcoin dipped to 59,800 and then finally stabilized and rebounded, but the pressure at the 70,000 level is obvious. Technical indicators show that the MACD green bars are shrinking, and the RSI indicator is also trending downward. The 70,000 level still needs to be tested repeatedly. The trend of Ethereum is not much different from Bitcoin; today, a short-term rally is sufficient.
Personal suggestions, Bitcoin can move south around 70,000-71,000, with a target of 68,000-66,000,
Ethereum can move south around 2,070-2,130, with a target of 2,000-1,950.
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2.7 Saturday Noon Bitcoin / Ethereum Silk Road
From the current market situation, Bitcoin dipped to 59,800 and then finally stabilized and rebounded, but the pressure at the 70,000 level is obvious. Technical indicators show that the MACD green bars are shrinking, and the RSI indicator is also trending downward. The 70,000 level still needs to be tested repeatedly. The trend of Ethereum is not much different from Bitcoin; today, a short-term rally is sufficient.
Personal suggestions,
Bitcoin can move south around 70,000-71,000, with a target of 68,000-66,000,
Ethereum can move south around 2,070-2,130, with a target of 2,000-1,950.