The market punched down. The rebound of the BTC market is significant and was back above the $9,600. From the 4-hours chart, the longterm moving averages keep running in high positions. The MACD went back but did not present any dead cross which means the longs still took the lead. Now the market is on the process of the adjustment, we should focus on the support at $9,600.
The ETH market touched $210 for several time. From the 1-hour chart, in the adjustment with a low volume, the candlesticks told us the market was about to build support. A dead cross showed up in the MACD, but the red pillars have started contracting. After the adjustment ends, the market tends to rebound again. Focus on the strength of the support at $210.
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The ETH market touched $210 for several time. From the 1-hour chart, in the adjustment with a low volume, the candlesticks told us the market was about to build support. A dead cross showed up in the MACD, but the red pillars have started contracting. After the adjustment ends, the market tends to rebound again. Focus on the strength of the support at $210.
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Join our group to know more Market news and unlock the bonus: t.me/bitofferen
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