After the weekend, the market for large pancakes experienced two days of fluctuations, forming a significant high near 95,000 points, followed by a pullback.

In the past few hours, the K-line chart has shown a declining trend, with a low reaching 92,961.8, successfully breaking the deadlock.

The current market MACD indicator shows that bearish forces are dominant, with both the fast and slow lines below the zero axis, while the DIF and DEA continue to extend downward.

The short-term EMA three lines also show a bearish arrangement, indicating a short-term bearish trend; however, the RSI indicator is approaching the oversold area at 30, suggesting a possible rebound in the short term.

Therefore, early Monday trading should first focus on the rebound situation, and then continue to look for a downward trend relying on the high points in the 95,400—95,700 range.

The target below is the 93,000—92,300 range; if it continues to break down, it may reach around 90,000. $BTC $ETH $XRP #加密市场调整 #币安LaunchpoolBIO预测 #加密ETF申请热潮涌现 #GMT热度飙升 #币安Alpha公布第8批项目