In early trading, the market fell across the board while only ETC came out of the independence. BTC fell at the forefront. From the daily trend, it is obvious that the position has been broken. The bears once again exerted pressure to suppress. The moving average starts to show signs of dead cross with the mid-to-long term moving average. The MACD index also showed dead above the zero axis, and the red pillars continue to expand. The short-term short is actively, pay attention to the risk of callback and focus on the $8500 support line.
ETH fell below the 30-day moving average. The moving average started to show signs of breaking. The MACD dead cross was again approaching the zero axis. The shorts were relatively strong, but they have been in a state of shrinkage adjustment. The upward trend of the daily line has not changed. Many parties are still within the defensive range. Pay attention to the $197 support line in the short term. If fall below, pay attention to the downside risk.