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Good morning. Currently around 1640, the short-term moving averages are all pressing from above, and the price is trending lower and lower. The MACD is still below the zero line, with bearish momentum taking the lead. The Bollinger Bands are narrowing; combined with the Kumo trend, the probability of a downside breakout is higher. In terms of volume, it follows a typical Kumo rhythm—if it breaks down again, there is still room for further decline.
Candied orange faces resistance around 62000-62800, and may later probe the 60500-58800 range;
Ethereum faces resistance around 1650-1670, and may later test the 1600-1570 area.
$BTC $GT