9.29 Macro high-pressure overlapping technique breaks down; a rebound is a sell opportunity $BTC $ETH $ZEC
BTC is currently trading near $83,000, while ETH is experiencing narrow-range fluctuations in the $2,660–$2,690 range. Both rallies are being capped by the short-term moving averages. On the 4-hour timeframe, a downward structure has already formed: the highs keep getting lower, and the bullish counterattacks are weaker each time.
BTC around 83,700–84,200, pending order, target 82,500–81,500; stop loss 84,600
ETH around 2,680–2,700, pending order, target 2,650–2,620; stop loss 2,725
BTC is currently trading near $83,000, while ETH is experiencing narrow-range fluctuations in the $2,660–$2,690 range. Both rallies are being capped by the short-term moving averages. On the 4-hour timeframe, a downward structure has already formed: the highs keep getting lower, and the bullish counterattacks are weaker each time.
BTC around 83,700–84,200, pending order, target 82,500–81,500; stop loss 84,600
ETH around 2,680–2,700, pending order, target 2,650–2,620; stop loss 2,725
