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$BTC $ETH The evening outlook is mainly bearish; everyone knows that recent large players are rotating to support the market, and unloading is certain.
Looking at the technicals, the Bollinger Band upper band faces obvious resistance, multiple attempts to break through have failed, and the short-term is in an overbought zone.
There is dense resistance above, and during the rally, a massive volume of transactions occurred.
Subsequently, trading volume continues to shrink, and bullish momentum rapidly diminishes.
Price and volume diverge, upward momentum is insufficient, and funds show signs of profit-taking.
DIF and DEA form a death cross at high levels, and the MACD histogram turns green, indicating that bearish momentum is beginning to release.
The upward trend shows signs of reversal, with the three lines in the high zone.
Although not fully overbought, the K/D lines are turning downward, with a downward death cross expected as a correction.
Price pulls back from the Bollinger Band upper band, entering a zone of oscillation near the middle band.
The upper band faces strong resistance, and there is a technical tendency to revert toward the middle or lower band.
ZEC: Short around 385
Target: 365-350
Lightly add to long positions if the price moves up; don’t expect to get it all at once.