Steadfastly heading south!! What was said is what it is! The big pancake has reached the target!
From the morning, the hint was given to head south and smoothly travel 2.9k distance!
Morning of 5-19
The current market is relatively strong, but there are significant resistances above. The high-level range has not been effectively broken, and short-term upward momentum is insufficient, so do not chase the price. Looking at the daily chart, after a continuous rise, there is high-level fluctuation, with alternating bullish and bearish days not changing the range pattern. As it is in a key resistance zone of a large cycle, it is not advisable to be bullish before breaking through.
Bitcoin is moving south in the 105200-105800 range, with a target of 103-102.
Ethereum is moving south in the 2460-2490 range, with a target of 2380-2300.
The current market is relatively strong, but there are significant resistances above. The high-level range has not been effectively broken, and short-term upward momentum is insufficient, so do not chase the price. Looking at the daily chart, after a continuous rise, there is high-level fluctuation, with alternating bullish and bearish days not changing the range pattern. As it is in a key resistance zone of a large cycle, it is not advisable to be bullish before breaking through.
Bitcoin is moving south in the 105200-105800 range, with a target of 103-102.
Ethereum is moving south in the 2460-2490 range, with a target of 2380-2300.
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BTC
102,973.15
-0.88%