Notification
Bitcoin's daily line has retraced to the MA120. Bull-Bear boundary. Ethereum retraced near the weekly MA5 and MA20. For now, Bitcoin and Ethereum have not broken below these support levels.
The US stock market is fluctuating at high levels.
Currently, the weekly pattern for Bitcoin is very poor. It's not something that can be adjusted with just one or two candlesticks. Therefore, after a rebound, there will be further declines.
The current rebound should be about over. Look for opportunities to short.
Summary: Currently, the larger cycle still looks bearish. After the rebound, the downtrend is expected to continue. #加密市场回调 $BTC