The big pie has been oscillating at a high position for a long time.
The daily level is about to reach the MACD turning point. The market is about to change. It's time to choose a short-term direction. The 2-day and 3-day moving averages still have support above the average line. They are also relatively close, around 102000. The daily line drives the closing of the 2-day and 3-day lines. So the change in direction is happening in these few days. Deviation still exists. Moreover, various indicators are starting to decline. Ethereum is starting to show weakness on the 4-hour chart. The US stock market is also starting to lose momentum. Trump has been continuously calling for US stocks and the crypto market online. However, the reaction is limited. It cannot be ruled out that Trump may be secretly unloading at high positions. Summary. The probability of a decline further increases as the high-level fluctuations evolve.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The big pie has been oscillating at a high position for a long time.
The daily level is about to reach the MACD turning point.
The market is about to change. It's time to choose a short-term direction.
The 2-day and 3-day moving averages still have support above the average line. They are also relatively close, around 102000. The daily line drives the closing of the 2-day and 3-day lines.
So the change in direction is happening in these few days.
Deviation still exists. Moreover, various indicators are starting to decline.
Ethereum is starting to show weakness on the 4-hour chart.
The US stock market is also starting to lose momentum.
Trump has been continuously calling for US stocks and the crypto market online.
However, the reaction is limited. It cannot be ruled out that Trump may be secretly unloading at high positions.
Summary. The probability of a decline further increases as the high-level fluctuations evolve.