#比特币市值排名
However, accompanied by the selling pressure from high-level profit-taking, the upward momentum has weakened. At the same time, in terms of technical indicators, the MACD is at a high level in a bullish cycle, and the RSI has shown overbought conditions. There is an expectation for a short-term pullback to correct the indicators. On the 4-hour chart, the candlestick has been fluctuating downwards with consecutive bearish movements, and the auxiliary indicators have formed a death cross at high levels. The EMA 7-day line has fallen below, indicating that there is still a risk of retracement and adjustment in the short term. We should also be cautious of potential market fluctuations. Therefore, in the short-term strategy, without clear confirmation of support, we will continue to approach with a bearish mindset!
On Thursday evening, Bitcoin's rebound in the 82500-83000 area is still seen as a short position, while we focus on the 90000-90600 area below. As for Ethereum, it ultimately continues to face resistance below 1850 and has now fallen below the 1750 line. We will continue to monitor the strength of the rebound in the evening, as it is unable to sustain further.