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Good evening. Currently around 2285, the hourly timeframe is still in a downtrend. It’s being pressured by all moving averages, and for now there aren’t any signals that could allow the bulls to mount a counterattack. The MACD bearish cross continues, and there’s heavy pressure around the middle band of the Bollinger Bands, so rebounds are difficult to break through. Although the RSI and KDJ look oversold, in a downtrend these indicators can easily malfunction, and a rebound without volume is just a trap.
Bitcoin faces resistance near 81000-81600, and may later probe the 80000-79200 range;
Ethereum faces resistance near 2295-2320, and may later probe the 2260-2230 area.
$BTC $GT $ETH #特朗普5月13日访华