$BTC $ETH Bitcoin and Ethereum daily outlooks are mainly bearish from a higher time frame. The short-term moving averages MA7 and MA30 show clear downward pressure, and prices quickly break below short-term support, indicating that the bulls are under significant pressure. The short-term rebound potential is limited, but rebounds are usually technical corrections and do not indicate a trend reversal. The MACD green histogram is expanding, and the DIF line quickly crosses below the DEA line, suggesting that the bearish momentum is dominant.



Bitcoin: Short around 68,000
Target: 67,000-65,000

Ethereum: Short around 2,130
Target: 2,090-2,060

In the short term, intraday trading should focus on shorting high and buying low, waiting for small rebounds to establish short positions. Pay close attention to previous support levels and moving average resistance zones to capture downward retracements.
BTC-3.04%
ETH-4.11%
View Original
post-image
post-image
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
Add a comment
Add a comment
No comments