Yesterday's drop was linked to the release of U.S. macro data. It was a sell-the-news move. $BTC fell below 80000 dollars due to U.S. labor market data. The creation of 162000 jobs instead of 56000 reduced the chances of a Fed policy easing, despite the slowdown in PPI to 5.5 percent.
Technically, BTC at 79700 dollars is testing the MA 25. Without a break above 80000 dollars, a pullback to the MA 99 at 78700 dollars is possible.
$ETH is trading at 2455 dollars. If support at 2442 dollars is broken, the price will head toward 2400 dollars. For growth, a move back above 2480 dollars is needed.
Technically, BTC at 79700 dollars is testing the MA 25. Without a break above 80000 dollars, a pullback to the MA 99 at 78700 dollars is possible.
$ETH is trading at 2455 dollars. If support at 2442 dollars is broken, the price will head toward 2400 dollars. For growth, a move back above 2480 dollars is needed.
