BTC broke the descending trendline and decisively fell below $72,000. The price is now around $69,300, and the next area I’m watching is the daily BB at $65,400–$67,300. That’s where I expect buyers to make their first serious reaction.
ETH didn’t disappoint either! The price broke below the lower boundary of the descending channel and dropped to $1,950. The nearest demand zone is at $1,830–$1,900. If buyers fail to hold it, the next target will be the daily OB around $1,550–$1,600.
ETH didn’t disappoint either! The price broke below the lower boundary of the descending channel and dropped to $1,950. The nearest demand zone is at $1,830–$1,900. If buyers fail to hold it, the next target will be the daily OB around $1,550–$1,600.