Evening Thoughts

Short-term downtrend, recent signs of stabilization, slight rebound, low trading volume.

MA: The 7-day moving average shows a downward trend, approaching or breaking below the 30-day moving average, indicating a short-term bearish market.

Volume: High trading volume leads to significant price fluctuations, followed by low activity, the market enters a consolidation phase.

Trading Suggestions

Bitcoin around 79500, target 78000

Ethereum around 1580, target 1530