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Monday morning BTC/ETH analysis on the 2.2
From the current technical structure, the market has established a clear bearish weakness pattern. The MACD green bars continue to expand, and the RSI indicator is weakening simultaneously, indicating that the bearish momentum is still being released. The trend is likely to continue, maintaining a generally bearish tone.
Currently, the market is dominated by a bearish outlook in the short to medium term. Until key resistance levels are effectively reclaimed and stabilized, all rebounds should be viewed as corrections within a downtrend rather than trend reversals. Instead, they can serve as opportunities to follow the trend and short.
Operational suggestions:
Bitcoin (BTC) in the 77,700-78,200 range for shorting, target 75,000
Altcoin (ETH) in the 2,310-2,330 range for shorting, target 2,170