Currently, the price has repeatedly touched but failed to break through the 86000-86800 range, which suggests that selling pressure is gradually increasing, and a breakthrough is imminent. The possibility in this area is relatively low.
The MACD indicator has issued a bearish signal. Whether on the 1-hour chart or the 4-hour chart, the MACD's DIF line is running below the DEA line, and a death cross signal has recently appeared. This indicates that market momentum is weak in the short term, which may lead to further declines.
Personal suggestion BTC: Enter the range of 87500-88200, with targets looking down at 86000 and 85000. If it breaks below, look at 83000. ETH: Enter at 2950-2980, with a target looking down at 2860, 2800, and if it breaks, watch for 2700. $BTC $ETH #Gate广场圣诞送温暖
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11.26BTCETHEvening Thoughts
Currently, the price has repeatedly touched but failed to break through the 86000-86800 range, which suggests that selling pressure is gradually increasing, and a breakthrough is imminent.
The possibility in this area is relatively low.
The MACD indicator has issued a bearish signal. Whether on the 1-hour chart or the 4-hour chart, the MACD's DIF line is running below the DEA line, and a death cross signal has recently appeared. This indicates that market momentum is weak in the short term, which may lead to further declines.
Personal suggestion
BTC: Enter the range of 87500-88200, with targets looking down at 86000 and 85000. If it breaks below, look at 83000.
ETH: Enter at 2950-2980, with a target looking down at 2860, 2800, and if it breaks, watch for 2700.
$BTC $ETH #Gate广场圣诞送温暖