Gate Institute: Crypto market has significantly liquidated over 1.8 billion dollars | IN counter riseencryption asset panorama
BTC (-0.06% | Current Price 112,996 USDT)
BTC's current price has fallen below the 5MA and 30MA, and the short-term moving averages are showing signs of turning. The originally bullish structure is facing a test. The MACD indicator shows a shortening of the red bars and a death cross at a high position, indicating a significant weakening of bullish momentum. After retreating from the high of 115,656, it is currently trading below 113,000, with short-term support focusing on the range of 112,800 to 112,400. If it cannot stop the decline, it may test the previous low support at 111,000; on the contrary, if it can stabilize and rebound with volume, it needs to regain a foothold at 113,400 to restore a strong structure.
ETH (-0.68% | Current Price 4,101 USDT)
ETH's hourly performance is relatively weak, with prices having declined for several consecutive candlesticks.
GateResearch·36m ago