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Good evening, I am Jiuye. In recent days, Bitcoin has entered a small-scale oscillation after falling to the low point of 72500. Currently, the technical support line has risen to around 71500. It is highly likely to touch this position tonight. If there is no rebound after reaching this position for the first time, be alert to the cliff like decline after falling below it. When the price breaks at 71300, the market will accelerate its decline towards the 65000-60000 level!
From the technical perspective of Ethereum, after the weekend consolidation, the overall strength was weak and fluctuated around 1980. The short-term support below 1910, breaking below 1900, will accelerate the decline and look towards 1610
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.