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Dawn - Friday Morning Thoughts: At present, we are in a mid-term pullback within a long-term uptrend, with limited strength for short-term rebounds.
A support area is near the 79,500 line from midnight’s spike; currently, price is trading around the 80,000 level. The “second dog” is trading near the 2,290 line. On the hourly timeframe, the MACD green histogram bars are getting shorter, and bearish momentum is weakening.
🈳 around 80,300-80,900, watch: around 79,300-78,500
🈳 around 2,300-2,330, watch: around 2,260-2,220
The winning move is to give everything you have to all that you love.
(Note: Cryptocurrency is extremely volatile. You should combine multiple factors such as news and trading volume. The above analysis is for technical reference only and does not constitute investment advice.)
$BTC $ETH