Bitcoin today's market trend analysis


Resistance point above: 104,300
Support level below: 102,300
Secondary support level: 100,600
Current trend: After the decline, there is a rebound that has led to a prolonged sideways consolidation, with a trend of a second upward breakout. However, there is a short-term resistance price at 103,800 above. A breakout that maintains within the range of 103,300 to 103,800 will continue to consolidate sideways, and if it does not stabilize above 104,300, it will start to decline and adjust.
Ethereum today's market trend analysis
Resistance level: 2683
Secondary Pressure Point: 2740
Support level below: 2542
Current trend: After a sideways consolidation, there is a rebound. From the hourly chart, the ACD crossover dead cross closing shows a trend towards forming a golden cross, but it encounters price resistance at the 30-day moving average. If it does not break through and stabilize above 2650 for a long time, there will be a small downward adjustment, maintaining a short-term consolidation within this range, oscillating between 2638 and 2600. If it breaks below 2600, then look at 2560#ETH突破2700美元 .
BTC1.2%
ETH0.77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)