📉Bitcoin and Ethereum are experiencing short-term bearish divergence.
🐻Bitcoin's bullish trend is showing reduced momentum.
🔄Ethereum is facing choppy sideways price action.
💼Bitcoin's support levels are at $40,800 and $38,000.
🔻Ethereum's support levels are at $2,150 and $2,020.
What is bearish divergence?
—Bearish divergence occurs when the price of an asset makes a higher high, but the corresponding indicator makes a lower high, indicating a potential trend reversal.
What is the current trend for Bitcoin?
—Bitcoin is currently within a bullish trend on the daily chart, but with reduced bullish momentum.
What is the support level for Bitcoin?
—Bitcoin's support levels are at $40,800 and $38,000.
What is the current trend for Ethereum?
—Ethereum is currently experiencing choppy sideways price action.
What is the support level for Ethereum?
—Ethereum's support levels are at $2,150 and $2,020.
00:00Bitcoin and Ethereum are showing short-term bearish divergence.
01:00Bitcoin is still within a bullish trend on the daily chart, but with reduced bullish momentum.
02:00Ethereum is experiencing choppy sideways price action.
04:00Bitcoin's support levels are at $40,800 and $38,000.
06:00Ethereum's support levels are at $2,150 and $2,020.
