Current support: around 68,300 (weekly EMA200). If broken, it may test 64,000 (weekly lower band) or even lower.
· Resistance above: daily EMA5 (68,650), EMA10 (69,627), and EMA30 (76,379). Rebound requires breaking through these levels sequentially. · Trend conclusion: The long-term bearish trend remains unchanged, but the weekly oversold condition combined with the daily golden cross indicates an increased probability of a short-term rebound. If 68,300 holds, a rebound is possible; if it fails, the decline will accelerate. #Gate广场发帖领五万美金红包 #btc #eth
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Current support: around 68,300 (weekly EMA200). If broken, it may test 64,000 (weekly lower band) or even lower.
· Resistance above: daily EMA5 (68,650), EMA10 (69,627), and EMA30 (76,379). Rebound requires breaking through these levels sequentially.
· Trend conclusion: The long-term bearish trend remains unchanged, but the weekly oversold condition combined with the daily golden cross indicates an increased probability of a short-term rebound. If 68,300 holds, a rebound is possible; if it fails, the decline will accelerate. #Gate广场发帖领五万美金红包 #btc #eth