Yesterday it was indicated that the southward position has traveled 5k distance! Will there be a dark swan today, Friday?
Currently, there is significant selling pressure in the last hour, MACD shows a bearish pattern, both DIF and DEA are negative and green bars are expanding, the price has broken below the moving average support, and the short-term trend is bearish. The lower support at 100300 is a phase support; an effective break below it or continued downward trend is possible. On the upper side, attention should be paid to the moving average resistance, with weak rebound momentum.
Bitcoin is moving south in the 102000-102800 range, targeting 100000-98000.
Ethereum is moving south in the 2440-2470 range, targeting 2350-2300.