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Just say that the weekly MA200 level of Bitcoin is not that easy to break below.
It held up for another day.
The weekend was sideways for two days.
Currently, Bitcoin and Ethereum daily MACD are showing some signs of refusing to go down.
If it remains sideways for the weekend two days,
the daily chart pattern will improve a lot.
At this position for Bitcoin and Ethereum,
it's still not recommended to be overly bearish.
The market is likely to fluctuate here for a period of time.
Currently, above the range of 58,000 to 62,000 for Bitcoin,
it's better to look for opportunities to go long.