Evening Analysis

Bitcoin continues its downward trend, currently fluctuating around 110,000, down about 1.8% from yesterday, with a 24-hour low of 108,559.

From a technical perspective, the moving averages are in a bearish arrangement, with prices operating below the EMA50, indicating a weak short-term trend; the daily and short-term MACD continue to show bearish signals, while the hourly MACD shows a slowdown in bearish momentum; the RSI has moved out of the oversold zone but still shows negative signals, indicating potential for further decline.

Trading Recommendation: Short near 110500, 111000, with targets at 109400-108000. #加密市场回调 #特朗普罢免美联储理事库克 #比特币远古巨鲸持续出清 $BTC $ETH