Notice
The market has been fluctuating at a high level for a long time.
The daily level is approaching the MACD reversal point.
A change in trend is imminent. A short-term direction needs to be chosen.
The 2-day and 3-day levels still have support above the moving averages. They are relatively close, around 102000.
The daily chart is influencing the closing of the 2-day and 3-day charts.
Therefore, a trend change is expected in the coming days.
Divergence still exists. Additionally, various indicators are starting to decline.
Ethereum's 4-hour level is showing signs of weakness.
The U.S. stock market is similarly beginning to weaken.
Trump has been continuously calling for trades in the U.S. stock market and the crypto market.
However, the response has been limited. High-level calls do not rule out the possibility of Trump quietly unloading.
In summary, the high-level fluctuations are increasingly likely to evolve into a downturn.