Bitcoin is currently showing mixed signals. On the 4-hour timeframe, the structure broke to the downside, with a last close at 77258.8. The daily timeframe shows a more bullish view with a relative strength index of 55.11, indicating potential strength. A break above 78425.6 would change the current bearish read.
Ethereum is also displaying conflicting indicators. The 4-hour structure is bullish, showing a break of structure to the upside, while the 1-hour structure is in a consolidation phase. The last close is at 2511.69. A break above 2547.25 would shift the current perspective to more bullish territory.
Not financial advice.
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