$ETH For me it is not a trading zone and should be treated with caution. As it keeps making lower highs and trend is down on the daily Weekly is holding by a thread. Take action if it breaks below Below 2,300 = Red button. ------ Most altcoins look like this. Only a few are still somewhat attractive, but unless this low holds. I see no reason to blindly bid on "support".
$BTC • Description - 25m The chart shows that Bitcoin (BTC/USDT) is currently within a clear downward channel. With red arrows marking the highs and green arrows marking the lows, the bearish trend is still dominant. Bitcoin is experiencing a slight recovery after hitting resistance but may likely retest the support level around the $58,000 - $56,000 range. If it breaks below this support zone, there's potential for a further drop towards $50,000. Based on current market news, if geopolitical tensions and pressure from global financial policies persist, BTC may continue its short-term downtrend.