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Good evening, currently around 1670, the current trend is relatively weak, stuck below the moving average, which has already turned downward in the short term, forming resistance.
The MACD is running with a bearish crossover, and the rebound momentum is weak, coupled with the middle band of the Bollinger Bands acting as resistance, indicating that the overall bearish sentiment dominates.
Other indicators are also weak and not oversold, suggesting there may still be room for further decline.
Sugar oranges face resistance around 63,000-63,800, and may test the 61,800-60,500 range later.
Ethereum faces resistance around 1,685-1,710, and may test the 1,640-1,605 zone later.
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