#BTC
The short-term outlook remains weak, so don’t rush to look for a reversal.
The key resistance is currently at 82900–84300. Until price reclaims this range on the 4H/daily charts, treat any rebound as a corrective bounce.
First watch 80800–80000 below. If that support breaks, look to 78000, then 76000–75000.
If price holds above 84300 on strong volume, the bearish outlook will have clearly weakened; then watch 87K.
#ETH
A break below the ascending trendline has weakened the structure.
Watch 2480–2530 above. If price can’t reclaim this range, any rebound will remain weak.
First watch 2324 below; if that breaks, look around 2070.
The short-term outlook remains weak, so don’t rush to look for a reversal.
The key resistance is currently at 82900–84300. Until price reclaims this range on the 4H/daily charts, treat any rebound as a corrective bounce.
First watch 80800–80000 below. If that support breaks, look to 78000, then 76000–75000.
If price holds above 84300 on strong volume, the bearish outlook will have clearly weakened; then watch 87K.
#ETH
A break below the ascending trendline has weakened the structure.
Watch 2480–2530 above. If price can’t reclaim this range, any rebound will remain weak.
First watch 2324 below; if that breaks, look around 2070.