The market pullback and the BTC performance was relatively weak. Before the impact of the $10,000 mark, it once again encountered short-suppression. It quickly turned red during the period and fell sharply by more than 3%, which seriously affected the market's popularity. In the 1-hour k-line, MACD showed a dead cross above zero axis quickly fell back to the short-term $9500 neckline support position. The moving average appeared a dead cross. If the bulls cannot hold the $9500-line later, there will be a risk of continued decline.
Before the ETH impact, the high $220-line was blocked and fell, and the intraday was affected by the rapid decline of bitcoin, resulting in greater callback pressure. From the 1-hour line, the continuous heavy volume exceeded $210 and ran high after the weakness, the MACD red pillars began to shrink and the short-term continued retracement, the current moving average is still maintained. Buy in near the $210 support level.
Before the ETH impact, the high $220-line was blocked and fell, and the intraday was affected by the rapid decline of bitcoin, resulting in greater callback pressure. From the 1-hour line, the continuous heavy volume exceeded $210 and ran high after the weakness, the MACD red pillars began to shrink and the short-term continued retracement, the current moving average is still maintained. Buy in near the $210 support level.