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Good evening. Currently around 1625, and from an hourly perspective it is still very weak. After breaking below the short-term moving average, resistance is forming around 1640 overhead. The MACD is still below the zero line, with the bears dominating. The Bollinger Bands are narrowing, and the price is trading close to the lower band; if it breaks below, it may accelerate the downward pace. The rebound strength is limited, and overall tonight is expected to range and drift downward.
Ice sugar orange has resistance around 61,600–62,400. In the next phase, it may probe the 60,200–58,800 range.
Ethereum has resistance around 1,645–1,670. In the next phase, it may probe the 1,590–1,545 area.
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