Has the decline of Bitcoin stopped?
On the hourly level, the MA144/MA169 moving averages are forming strong resistance, and the rebound has never effectively broken through the 118,000 mark, highlighting heavy selling pressure above. Although the MACD is showing a golden cross, the quality of the golden cross is questionable, resembling more of a weak rebound after an oversell rather than a trend reversal. If the support at 114,667 is effectively broken, it may continue to decline.
Bitcoin in the 117,500-117,800 range, target 116,000, 115,300.
Ethereum in the 3,740-3,770 range, target 3,630, 3550#以太坊交易量反超比特币 $BTC $ETH .