#DiversifyYourAssets Bitcoin experienced a震荡回调 in the afternoon and迎来空头放量 in the evening, with a continuous drop breaking through 83000, and continuing down to the evening low of 82471 after breaking the hourly lower track of 82800. It is currently adjusting near 82800. The布局的箜蛋丝路 set for the evening also took profit and exited around 82500. After a震荡上行 in the afternoon, Ethereum also showed a continuous downtrend in the evening, reaching a low of 1782 before rebounding to the current adjustment near 1790.
On the four-hour chart, the four consecutive阴 candles during the day have kept the bears in control, and the larger drop in the evening is also a release of the previous accumulation of bears. The MACD has formed a dead cross again, and the K DJ 3 lines are all in a downtrend, indicating that there is still significant downward space ahead.
On the hourly chart, Bitcoin broke the lower track of 82800, with continuous收阴, and the most recent实体阴线 has a long shadow below, indicating a typical short-term downward trend K-line pattern. The downward space has opened up, but the middle track and lower track are clearly in a downtrend, so caution is needed to avoid a significant rebound triggered by this pattern's诱空. If the rebound stabilizes above 83000, the short position will move up to 83500, and Ethereum will correspondingly move up to 1830.
#Powell's speech #Crypto market correction #US tariff increase
In the short term, for the evening and early morning, Bitcoin references around 83200, looking at 81000; Ethereum references around 1800, looking at 1720.