Latest analysis of BTC/ETH at 9:2 AM
BTC is currently running around 109200, with moving averages entangled at the 4-hour level and momentum weakening; at the daily level, moving averages are in a bearish arrangement, further reinforcing the continuation of the downtrend. Therefore, short-term operations are advised to maintain a bearish outlook.
BTC: Short can be made around 109300, targeting the 108000 level.
ETH: Short around 4310-4350, looking down to around 4250-4220
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