$BTC and $ETH are now completely different stories—don't look at them together.
BTC is at 83,097. The 1h moving averages are now aligned bullishly, with MA7 at 83,068 above MA25 at 83,037. The 4h MACD histogram is +140, and the funding rate is still positive at 0.0005%—the bulls haven't backed off. But the daily MACD histogram is -549, the price is stuck below the MA7 at 83,587, and the resistance at 86,588 is still a long way off. My take: range-bound with a bullish bias. As long as 82,746 holds, you can stay in.
ETH is weaker.
#BTC #ETH #Cryptocurrency
BTC is at 83,097. The 1h moving averages are now aligned bullishly, with MA7 at 83,068 above MA25 at 83,037. The 4h MACD histogram is +140, and the funding rate is still positive at 0.0005%—the bulls haven't backed off. But the daily MACD histogram is -549, the price is stuck below the MA7 at 83,587, and the resistance at 86,588 is still a long way off. My take: range-bound with a bullish bias. As long as 82,746 holds, you can stay in.
ETH is weaker.
#BTC #ETH #Cryptocurrency