Currently, Bitcoin is in a state of shrinking volume and grinding sideways. The forces of longs and shorts are relatively balanced, with neither side taking the lead.


On the hourly level, the MACD indicator momentum is weak and there is no bullish reversal golden cross signal. RSI is in the neutral zone. This is a typical pure consolidation pattern, lacking incremental capital to drive upward movement.
In the short term, the first resistance level above is at 62300. Without volume, it's hard to effectively break through. Continue to look for shorts.
Afternoon: Bitcoin short at 61800-62300, target around 60500.
Afternoon: Ethereum short at 1660-1690, target around 1550#BTC下探60000美元关键关口 $BTC $ETH
BTC-3.17%
ETH-5.34%
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