After a slight rebound, can the trend continue to decline?
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Bitcoin
- Daily chart: After breaking below the trend line, it is testing the support at 25,000, and attention will be paid to the test results in the future.
- 1-hour chart: After breaking below the upward trend line and the level of 26,800, there was a rebound, and if the rebound does not break this resistance, there is still a continuing downward trend.
Ethereum
- Daily chart: The price has broken below the trend line and the level of 1,630, and attention will be paid to the oscillation test results in the future.
- 1-hour chart: After breaking below the level of 1,600, there was a rebound, and if the rebound does not break this resistance, there is still a continuing downward trend.
Bitcoin
- Yesterday's view:
Summary: After the price's short-term trend broke below the upward trend line and the level of 26,670, there was a rebound, and if the rebound does not break this resistance, there is still a continuing downward trend. Attention will be paid to the support at 26,030 and the level of 25,000; on the contrary, if it breaks above, it will start a rebound trend, and attention will be paid to the resistance at 27,400 and the level of 28,030.
- Future trend:
The future trend rebound failed to effectively break above the level of 26,670 and maintained oscillation near it, reaching as high as the level of 26,737.
Ethereum
- Yesterday's view:
Summary: After the price's short-term trend broke below the level of 1,595, there was a rebound, and if the rebound does not break this resistance, there is still a continuing downward trend. Attention will be paid to the support at 1,530 and the level of 1,500; on the contrary, if it breaks above, it will start a rebound trend, and attention will be paid to the resistance at 1,630 and the level of 1,662.
- Future trend:
The future trend rebound failed to effectively break above the level of 1,595 and maintained oscillation near it, reaching as high as the level of 1,602.
Bitcoin
Summary: After the price's short-term trend broke below the upward trend line and the level of 26,800, there was a rebound, and if the rebound does not break this resistance, there is still a continuing downward trend. Attention will be paid to the support at 26,030 and the level of 25,000; on the contrary, if it breaks above, it will start a rebound trend, and attention will be paid to the resistance at 27,400 and the level of 28,030.
Ethereum
Summary: After the price's short-term trend broke below the level of 1,600, there was a rebound, and if the rebound does not break this resistance, there is still a continuing downward trend. Attention will be paid to the support at 1,530 and the level of 1,500; on the contrary, if it breaks above, it will start a rebound trend, and attention will be paid to the resistance at 1,630 and the level of 1,662.
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