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Midday BTC+ETH Market Outlook:
The midday market continues to fluctuate weakly, with the Federal Reserve's hawkish leadership change and negative news continuing to suppress the market, maintaining a overall bearish trend.
After the overnight decision, the rebound was weak, and all small recoveries are just a continuation of the decline, with no strong buying support from bulls.
BTC Bitcoin
Four-hour and daily charts are fully in a bearish alignment, with highs constantly moving lower and lows continuously being refreshed.
Strong resistance above at 76,800-77,200, any rebound is an opportunity for high-level shorting.
ETH Ethereum
Linked with Bitcoin, both are weakening together, with all moving averages under pressure, and bearish momentum continues to be released.
BTC Trading Suggestions
Sell in batches at 76,000-75,800
Stop loss at 76,300
Target
75,000-74,000
ETH Trading Suggestions
Sell in batches at 2,260-2,280
Stop loss at 2,300
Target
2,200-2,180