The market experienced a significant decline this morning, mainly due to the concentrated release of market sentiment. From a technical perspective, the trend shows a continuous oscillating downward movement, with the rebound momentum failing to sustain, while the retracement process becomes increasingly decisive. Volatility continues to narrow, failing to provide effective trading opportunities. In this oscillating market environment, a clear bearish signal has been confirmed.
Bitcoin around 92800 watch 91000 Ethereum around 3230 watch 3100 #BTC #ETH #BNB
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1.19 Monday Bitcoin and Ethereum Midday Analysis
The market experienced a significant decline this morning, mainly due to the concentrated release of market sentiment. From a technical perspective, the trend shows a continuous oscillating downward movement, with the rebound momentum failing to sustain, while the retracement process becomes increasingly decisive. Volatility continues to narrow, failing to provide effective trading opportunities. In this oscillating market environment, a clear bearish signal has been confirmed.
Bitcoin around 92800 watch 91000
Ethereum around 3230 watch 3100
#BTC #ETH #BNB