Dead Cross Above the Zero Axis showed up, Adjusting period Comes

The market boost and fell back. The performance of BTC was much stronger than others, and the BTC tried to break the $9,000 mark but failed while it reached the highest point at $8,964 then fell back. We should notice that the MA10 and MA60 of the BTC market crossed at the $9,000 mark, which can be considered as the dead cross. Thus, the pressure at $9,000 is strong, if the volume is not able to increase in the short term, then the $9,000 mark would be hard to attack. From the movement of the 1-hour chart, a dead cross has shown up in the MACD, which means an adjustment is required in the short term. We should focus on the support at $8,800 in the short term. Long after the $9,000 mark broken.