The overall trend of BTC and ETH has been weak in the past few days. We emphasized the short order on Silk Road multiple times at 4570 yesterday, and right after that, during today's trading hours, it fell around 4250. The market also successfully pumped up to the 4360 line, and the overall space is evident. However, the market is clearly under pressure above, especially after BTC broke down; there hasn't been a decent rebound. The trend has clearly weakened, and there is a possibility of further testing the support around 112000.
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The overall trend of BTC and ETH has been weak in the past few days. We emphasized the short order on Silk Road multiple times at 4570 yesterday, and right after that, during today's trading hours, it fell around 4250. The market also successfully pumped up to the 4360 line, and the overall space is evident. However, the market is clearly under pressure above, especially after BTC broke down; there hasn't been a decent rebound. The trend has clearly weakened, and there is a possibility of further testing the support around 112000.