From a technical perspective, the daily KDJ and MACD levels of Bitcoin/Ethereum are still in a downward trend today. BOLL has shown an opening in the downward trend, while the main chart shows a strong bearish trend in the MA three-day moving averages. It can be seen that short-term bears still dominate the market, and the situation at the 12 hour level is roughly the same as the daily line.
At present, KDJ, MACD, and BOLL bear positions are strongly resonating, but BOLL has broken levels. Overall, it will still adjust within the range of large-scale oscillation boxes for a while. Technical rebound gives the indicator some room for movement, and there will still be some rebound sentiment in the ultra short term. The strength will not be too strong, and it will continue to decline in volume in the future.
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