Bitcoin is about to fall for two consecutive quarters, ETH is trembling at 1581



$ETH Today at 1581, up 0.49%, still fluctuating between 1611 and 1562 in 24 hours. News says "Bitcoin may record a historically rare two consecutive quarters of decline"—the big coin is about to set a historic consecutive decline record, how can the second be any better?

All three moving averages are stuck near 1582, MA5 is 1577, MA10 is 1582, MA20 is 1582, the price is hugging this line, bulls and bears are pulling back and forth in the 1570-1600 range, neither daring to make the first move. Volume has shrunk to 2.15k, value 3.40M, trading volume is almost zero, liquidity is as dry as a desert. 7-day -7.34%, 30-day -21.48%, half-year -46.81%, down nearly half.

If BTC really closes lower for two consecutive quarters, it will be the first time since 2015, more bearish than a bear market. ETH, as an amplifier of risk assets, will only fall harder. At the 1581 level, 1600 above is a psychological barrier, 1550 below is support, and 1500 is the last line of defense. Until Bitcoin confirms its direction, ETH's sideways movement is already the biggest luxury.
#美伊60天停火协议实质破裂
#储值资产全线下跌,数据周预警
BTC-1.93%
ETH-1.26%
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