The current market has reached a point of consolidation. Personally, I confirm that it has temporarily stopped falling and is looking for a rebound. There is currently a divergence structure appearing in the one-hour chart. At present, the range is consolidating and fluctuating between 2780 and 2820. If 2780 is not effectively broken today, there will be an oversold rebound, possibly around 2860-2905. Bitcoin is at the 89500-90000 level. The stop loss for Ethereum can be set below 2780, and for Bitcoin at 85800. You can act at the current price! Personal opinion, for reference only.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12:45
The current market has reached a point of consolidation. Personally, I confirm that it has temporarily stopped falling and is looking for a rebound. There is currently a divergence structure appearing in the one-hour chart. At present, the range is consolidating and fluctuating between 2780 and 2820. If 2780 is not effectively broken today, there will be an oversold rebound, possibly around 2860-2905. Bitcoin is at the 89500-90000 level.
The stop loss for Ethereum can be set below 2780, and for Bitcoin at 85800. You can act at the current price!
Personal opinion, for reference only.