Still following the usual pattern, Bitcoin remains above 86,000 with oscillations, and the daily K-line shows continuous small fluctuations between bullish and bearish, indicating a generally weak consolidation.
On the hourly level, EMA7, EMA30, and EMA120 are in a bearish alignment, with the price rebound limited by EMA7 resistance; on the daily level, EMA7 and EMA30 are converging, while EMA120 continues to provide support.
Bitcoin and Ethereum are both generally trading within the range of 86,000-90,000, waiting for a breakout or a breakdown. The small range is between 85,000 and 88,500.
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Still following the usual pattern, Bitcoin remains above 86,000 with oscillations, and the daily K-line shows continuous small fluctuations between bullish and bearish, indicating a generally weak consolidation.
On the hourly level, EMA7, EMA30, and EMA120 are in a bearish alignment, with the price rebound limited by EMA7 resistance; on the daily level, EMA7 and EMA30 are converging, while EMA120 continues to provide support.
Bitcoin and Ethereum are both generally trading within the range of 86,000-90,000, waiting for a breakout or a breakdown.
The small range is between 85,000 and 88,500.