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This short-term upward surge just hit the resistance level of the upper moving average and stalled. The bullish momentum dissipated very quickly, with consecutive bearish candlesticks falling.
In simple terms, this rally was just a mid-course correction bounce, not a reversal. The overhead resistance is firmly suppressing the price from rising, and the short-term bullish energy has been exhausted.
Short [BTC] around 63500-64000, targeting 62500, 61500.
Short [ETH] around 1780-1800, targeting 1750, 1700.
$ETH $HYPE $LAB #Strategy上周减持3588枚BTC #Vitalik公布精简以太坊路线图 #gStocks代币化股票上线