Bitcoin and Ethereum are both facing a critical support test as market caution intensifies.

[Chain News] Bitcoin has formed a death cross pattern near its historical high, which is a common bearish signal. Currently, it is important to follow whether Bitcoin can hold the significant support level of $40,000. If it falls below this level, it may further decline to the range of $35,000-$38,000.

On the other hand, Ethereum is also facing a similar technical pattern and needs to follow the support level around $2000. If Ethereum cannot hold this level, it may fall to the range of $1700-$1800.

Overall, the cryptocurrency market is currently at a critical moment, and investors need to remain cautious and closely follow the price trends of mainstream coins.

BTC1,39%
ETH0,41%
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
  • 7
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin