Good evening, currently fluctuating around the key level of 3000, the short-term RSI has reached the Overbought zone, but under the healthy breakout structure with rising volume and price, trend strength takes precedence over adjustment signals. The MA5/10/20 forms a head-and-shoulders pattern. The support area coincides with MA20, forming a solid defense line. The MACD golden cross pattern continues to expand, along with the BOLL band opening upwards, indicating strong rising momentum.
BTC has support around 88300-87600, and may later test the 89500-91000 range;
ETH has support around 2990-2960 and may test the 3035-3070 area later.
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.
Good evening, currently fluctuating around the key level of 3000, the short-term RSI has reached the Overbought zone, but under the healthy breakout structure with rising volume and price, trend strength takes precedence over adjustment signals. The MA5/10/20 forms a head-and-shoulders pattern. The support area coincides with MA20, forming a solid defense line. The MACD golden cross pattern continues to expand, along with the BOLL band opening upwards, indicating strong rising momentum.
BTC has support around 88300-87600, and may later test the 89500-91000 range;
ETH has support around 2990-2960 and may test the 3035-3070 area later.