The current Bitcoin market shows a significant short-term downward trend, with strong bearish signals on the technical front. The appearance of the evening star pattern, along with the downward slope of the short-term moving averages, indicates that market momentum is weakening, and prices may further test the strong support level of 112600. However, the neutral performance of the external environment provides some buffer against downward pressure on the market. The Fear & Greed index indicates neutral market sentiment, with a lack of significant bearish or bullish factors at the macro level, while news is mixed, failing to provide clear directional guidance for the market.
Bitcoin 115500-115000 range, watch for a break at 114000 to look for 113200
Ethereum 3700-3680 range, watch for a break at 3600 to look for 3580-3550
