MarketMarker
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📈 7.3 Thursday Morning BTC/ETH Market Analysis 📉
As of this morning, Bitcoin (BTC) continues to show signs of technical resilience, with the 106,000 support zone forming a strong defensive line. The recent pullback appears weak in strength, while overall technical indicators maintain a steady upward trend.
However, it’s important to note that BTC has failed to break previous highs twice, signaling increasing selling pressure near resistance zones.
🔍 Technical Insights:
On the 4H chart, MACD red bars continue expanding, reflecting strong momentum.
But beware: a potential bearish divergenc
📈 7.3 Thursday Morning BTC/ETH Market Analysis 📉
As of this morning, Bitcoin (BTC) continues to show signs of technical resilience, with the 106,000 support zone forming a strong defensive line. The recent pullback appears weak in strength, while overall technical indicators maintain a steady upward trend.
However, it’s important to note that BTC has failed to break previous highs twice, signaling increasing selling pressure near resistance zones.
🔍 Technical Insights:
On the 4H chart, MACD red bars continue expanding, reflecting strong momentum.
But beware: a potential bearish divergenc