In early trading, the market bottomed out and rebounded. The BSV rebounded well among them and after BTC failed to hit the $10,000 it fell all the way down. In the 4-hour level trend, the MACD index fell below the zero axis while the k-line trend has fallen below the long-term moving average. The K-line shows a dead cross and the volume gradually becomes significant during the decline. An adjustment may appear in the short term, focus on the support at $8800.
ETH also bottomed out and rebounded in early trading. From the 4-hour line, there was a rapid pullback after dropping to the $192-line. The MACD fell below the zero axis. After breaking through the bulls defensive line, pay attention to the support strength below $192 in order to guard against downside risks.