Last night, there was another panic sell-off, with Mentougou unloading 4,000 BTC for two consecutive days, and an estimated additional 700 BTC to be sold today. Last night, BTC broke below the 98,000 defense point and directly retreated to 96,855 and 95,755, with the bulls showing no resistance, bringing it back to two weeks ago's levels. Currently, the BTC 3-day MACD has formed a death cross, indicating a need to test the 90,000 support. ETH and SOL are in the 3, 5-day, and weekly adjustment cycles, with a strong downward trend synchronizing with BTC's market decline. However, the real bottom-fishing opportunity is approaching.
BTC:
Low buy points below 95,000: 94,400, 93,666, 90,855, 89,855 (3-day Bollinger middle band, strong support)
ETH:
Once it breaks below 3,444, there will be a need to retest the 3,000 threshold.
Low buy points below 3,444: 3,336, 3,222, 3,112, 3,036 (5-day Bollinger middle band, strong support).
SOL:
In the weekly adjustment cycle, there is a brief pause at 187, the 5-day Bollinger middle band, with important support at 177.85 (weekly middle band) and 157.85 (3-day lower band), which falls within the bottom-fishing range.
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