The broader market had a sharp wick down in the early hours last night, but it has fully rebounded today.
#BTC BTC dropped to around 80,600 before bouncing, with a high of 83,100—a 2,500-point rebound. It hasn’t managed to hold above 83,000, where it’s facing resistance, so it’s pulled back. Keep an eye on whether it can hold around 82,000 on the downside. Holding there would be a stronger sign; a direct drop could easily form a door-shaped move.
#ETH ETH’s low was a pullback to around 2,328. It fell about 100 points from its high of 2,430, then bounced from around 2,328 to 2,445—a rebound of 110 points. It was rejected at 2,450 and has made a small pullback. Watch whether it can hold in the 2,400–2,390 range. If it holds, that would still be relatively strong; avoiding a door-shaped move would favor the bulls.
#BTC BTC dropped to around 80,600 before bouncing, with a high of 83,100—a 2,500-point rebound. It hasn’t managed to hold above 83,000, where it’s facing resistance, so it’s pulled back. Keep an eye on whether it can hold around 82,000 on the downside. Holding there would be a stronger sign; a direct drop could easily form a door-shaped move.
#ETH ETH’s low was a pullback to around 2,328. It fell about 100 points from its high of 2,430, then bounced from around 2,328 to 2,445—a rebound of 110 points. It was rejected at 2,450 and has made a small pullback. Watch whether it can hold in the 2,400–2,390 range. If it holds, that would still be relatively strong; avoiding a door-shaped move would favor the bulls.