9.26 Morning Thoughts
Last night, the price of the coin plummeted to 108500 before rebounding to 109500 for adjustment, currently oscillating around 109000, with ETH and BTC trends in sync.
The technical perspective shows that BTC is strongly bearish in the short term, and may further decline: the MACD indicator is operating in the negative zone and the histogram is negative, lacking reversal momentum in the short term, with operations focusing on high shorts.
- BTC: Short around 109500-110000
Target 108500-106000
- ETH: Short around 3920-3950, Target 3850