The market cooled off a little this afternoon, bro — $BTC is hovering around 85,310, down slightly by 1.09% over 24h. The 1H RSI at 46 suggests sellers have the upper hand in the short term. $ETH is following the same trend, trading around 2,698 (-1.01%), with a 1H RSI of just 43.3.
BTC price is testing the support zone around 84,700, with the nearest resistance at the previous high around 86,650. If it holds 84,700, a rebound to 86,000+ within the next 18h is still possible; if it breaks below, it could drop further to 83,500. This projection is just an illustrative scenario—the market moves a lot faster than we think.
Market breadth is also weakening: only 54/153 major pairs are up (35%), while 99 are in the red. Here’s a quick look at the top movers for everyone:
- RLC is still flying, up +137% after this morning’s post, with volume near 50M USDT
- RAD +56.8% — those who took profits this morning must be feeling good
- ORCA is a new name on the list, up +24.7% with 16.2M in volume; worth keeping an eye on
- FIL +12.2%, as some of the older coins start making waves again
- On the other hand, the metaverse rally is cooling off: SAND -10.6%, STRK -9.3%
Overall, the short-term trend is weak, with both BTC and ETH RSI below 50. If you’re trading, bro, be careful with leverage; if you’re holding long term, this is just a small wave, so don’t panic.
Data analysis, not investment advice.
#Bitcoin #CryptoVN #CryptoMarket
BTC price is testing the support zone around 84,700, with the nearest resistance at the previous high around 86,650. If it holds 84,700, a rebound to 86,000+ within the next 18h is still possible; if it breaks below, it could drop further to 83,500. This projection is just an illustrative scenario—the market moves a lot faster than we think.
Market breadth is also weakening: only 54/153 major pairs are up (35%), while 99 are in the red. Here’s a quick look at the top movers for everyone:
- RLC is still flying, up +137% after this morning’s post, with volume near 50M USDT
- RAD +56.8% — those who took profits this morning must be feeling good
- ORCA is a new name on the list, up +24.7% with 16.2M in volume; worth keeping an eye on
- FIL +12.2%, as some of the older coins start making waves again
- On the other hand, the metaverse rally is cooling off: SAND -10.6%, STRK -9.3%
Overall, the short-term trend is weak, with both BTC and ETH RSI below 50. If you’re trading, bro, be careful with leverage; if you’re holding long term, this is just a small wave, so don’t panic.
Data analysis, not investment advice.
#Bitcoin #CryptoVN #CryptoMarket
