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Good evening, I am Jiuye. The Bitcoin market fell around the range of 82000-83000 as we discussed before yesterday, and we are both bullish and bearish, with over 75000 up to 81000! Then the 82000 pending orders were bearish, and the market fell to around 80000. Currently, the weekly and monthly moving average pressures have been tested, and the rebound is basically in place here. Next, let's look directly at the sharp decline, with a target of 38000!
From a technical perspective, the Ethereum market is relatively weak, with a rapid decline after only testing 2420 at the top. Currently, the gap below supports a rise of one billion to around 2000, and may drop sharply to around 2000 in the short term.
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
