The price comparison surged to 110265 after a series of bearish candlesticks at #BTC #ETH , indicating fatigue in upward movement. In the MACD indicator, although the DIF and DEA remain in the bullish zone, the MACD histogram is shrinking, and the momentum is weakening. The MA144 and MA169 are supporting upwards; however, the divergence signal of 'surging high but stagnating' suggests a short-term overbought risk. The four-hour level shows significant pressure characteristics. If it loses 109000, it may test the 107000-106000 moving averages for support.
Trading Suggestions
Short near 110000 for Bitcoin, with the target first at 108000.
For Ethereum Classic, near 2615, aim for 2480.