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Futures
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- MC:$3.49KHolders:20.33%
- MC:$3.72KHolders:23.06%
- MC:$3.68KHolders:13.11%
- MC:$3.42KHolders:10.34%
- MC:$3.59KHolders:20.61%
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12.2 BTC/ETH Afternoon Market Analysis
The overall trend is bearish during the midday, with an intraday low dropping to $83,786, completely erasing the previous gains. After three consecutive days of decline, there is a weak rebound. On the 4-hour chart, the MACD is below the zero line, indicating that the bearish momentum is weakening, and the candlestick has a long lower shadow, suggesting that the support at $84,000 is strong. Currently, it is in a range-bound fluctuation, and the strategy can be to short on rallies.
BTC
Operational suggestions, 87300 - 88000
Target looks towards, 86200-85000
Concubine
Operational recommendations, 2830-2870 range
Target range, 2760-2730
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