Last night, panic selling occurred again, with Mentougou selling 4,000 BTC for two consecutive days. Today, another 700 BTC are expected to be sold. 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 its original state from two weeks ago. Currently, BTC's 3-day MACD shows a death cross, indicating a need to test the 90,000 support. ETH and SOL are in the adjustment cycles of the 3-day, 5-day, and weekly charts, with a strong downward pressure in sync with the BTC market decline. However, the real bottom-fishing is approaching soon.
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 demand for a pullback to the 3,000 mark.
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 the 5-day Bollinger middle band of 187, with the most important support below at 177.85 (weekly middle band) and 157.85 (3-day lower band), belonging to the bottom-fishing range.
