Looking back at the afternoon market, BTC reached a peak of 93130 during the afternoon before facing downward pressure, dropping to the lower pin at around 81640 in the evening. The Ethereum market mirrored BTC, peaking at around 3063 but unable to sustain the upward momentum, falling back to around 2660. The afternoon insights provided by the market trends were once again accurately predicted. The previous pin opened up clear downward space, making the subsequent decline a natural progression. Isn't it time to seize the opportunity?
Currently in a clear downtrend, technical signals indicate a significant weakness in the market. The appearance of the Evening Star pattern and the death cross in the moving average system has formed a strong bearish resonance signal, suggesting that the market may continue to test the support level below in the short term. Overall, the market is still dominated by selling pressure, and prices may continue the downtrend, but caution is needed for short-term fluctuations in a balanced state.
BTC is hovering around 83700-84000, with a target near 81500. Around 2740-2760, the target is near 2680.
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11.21BTC evening market analysis
Looking back at the afternoon market, BTC reached a peak of 93130 during the afternoon before facing downward pressure, dropping to the lower pin at around 81640 in the evening. The Ethereum market mirrored BTC, peaking at around 3063 but unable to sustain the upward momentum, falling back to around 2660. The afternoon insights provided by the market trends were once again accurately predicted. The previous pin opened up clear downward space, making the subsequent decline a natural progression. Isn't it time to seize the opportunity?
Currently in a clear downtrend, technical signals indicate a significant weakness in the market. The appearance of the Evening Star pattern and the death cross in the moving average system has formed a strong bearish resonance signal, suggesting that the market may continue to test the support level below in the short term. Overall, the market is still dominated by selling pressure, and prices may continue the downtrend, but caution is needed for short-term fluctuations in a balanced state.
BTC is hovering around 83700-84000, with a target near 81500.
Around 2740-2760, the target is near 2680.