11.5 Afternoon

Bitcoin is continuously declining in the overall trend (daily chart); looking at the shorter 4-hour trend, it shows fluctuations with minor rises and falls, and the current price is significantly lower than the previous high point, indicating a relatively weak short-term outlook.

On the MACD indicator, the green bars (negative values) are gradually shortening, representing a decrease in the strength of the downward movement, but it hasn't yet turned into upward momentum, and both lines are lying below the zero axis.

Regarding moving averages, EMA7, EMA30, and EMA120 are arranged from top to bottom (bearish alignment), and the price is currently unable to break through the pressure of the EMA7 line, so in the short term, the trend still leans towards decline.

Bitcoin's resistance is around 102500, with a range near 103500, looking towards around 100000, and if it breaks down, it looks towards 98000.

Second coin's resistance is around 3350, with a range near 3380, looking towards around 3250, and if it breaks down, it looks towards 3050#比特币 #以太坊ETF #BTC #ETH .