Last night, panic selling occurred again, with Mentougou continuously selling 4,000 BTC for two days. Today, another 700 BTC is expected to be sold. Last night, BTC broke below the 98,000 defensive point and directly retraced to 96,855 and 95,755, with the bulls showing no resistance, reverting back to the state from two weeks ago. Currently, BTC's 3-day MACD has 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 lines, synchronously experiencing a strong decline alongside the BTC market. However, the real bottom-fishing is approaching quickly.
BTC:
Low buy points below 95,000: 94,400, 93,666, 90,855, 89,855 (3-day Bollinger middle track, strong support)
ETH:
Once it drops below 3,444, there will be a certain need to test the 3,000 threshold.
Low buy points below 3,444: 3,336, 3,222, 3,112, 3,036 (5-day Bollinger middle track, strong support).
SOL:
In the weekly adjustment cycle, it briefly stayed at the 5-day Bollinger middle track of 187, with the most important supports below at 177.85 (weekly middle track) and 157.85 (3-day lower track), falling within the range for bottom-fishing.
