Bitcoin and Ethereum Weekly Market Outlook: Nvidia Earnings, PCE Information in Focus…
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A breakdown under the neckline might set off a drop towards $77,509, aligning with a key demand zone. In the meantime, the RSI at 39.43 is nearing a breakdown degree, signaling weakening momentum.
To invalidate the bearish setup, bulls should reclaim $97,500-$100,000; in any other case, Bitcoin dangers additional draw back.
Ethereum Technical Evaluation: Bear Flag Factors to Extra Losses
Ethereum is flashing bearish indicators as a bear flag sample develops on the each day chart, hinting at a doable continuation of its latest downtrend. At present, ETH is buying and selling at $2,643, down 6.30%, struggling under the 50-day EMA ($2,954) and 200-day EMA ($three,050).
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