Bitcoin's current structure has broken to the downside on the 4-hour timeframe, with the last close at 77082.2. The 1-day indicators show a higher RSI at 54.3868, indicating some bullish momentum, but the 4-hour and 1-hour timeframes are bearish with lower RSI values of 40.4768 and 42.7173, respectively. The key level to watch for a change in this bearish read is 78071.1, the last swing high on the 4-hour chart.

Ethereum is showing a mixed picture. The 4-hour structure is neutral, while the 1-day indicators indicate bullish strength with an RSI of 62.8045 and a last close of 2516.12. However, the 1-hour timeframe is bearish with an RSI of 45.7378. The bearish fair value gaps are at 2527.64 and 2530.4, and a reclaim of the 50-period EMA on the 1-hour chart suggests potential for further bullish movement. The level to change the read is 2527.64.

Not financial advice.

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