Yesterday, after Trump announced an agreement with Greenland, the Bitcoin and Ethereum markets did not immediately start a rally or rebound. Bitcoin and Ethereum are still consolidating at low levels. However, our view remains unchanged: the bearish sentiment is gone. A rebound is imminent. From a technical perspective, the daily chart for Bitcoin and Ethereum shows that the stochastic oscillator is already oversold. The RSI is also oversold. Both the news and technical aspects support a rebound and rally. Today is Friday, and the weekend is typically a period of consolidation. So, the opportunity today is quite significant. The big move is coming. The four-hour divergence also supports a rebound. The big move is coming. There are too many reasons supporting a rebound. Currently, there are no signs of bearish news. Neither the news nor the technicals indicate any downside. The big move is coming—pay attention to this key point. $BTC $ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Yesterday, after Trump announced an agreement with Greenland, the Bitcoin and Ethereum markets did not immediately start a rally or rebound. Bitcoin and Ethereum are still consolidating at low levels. However, our view remains unchanged: the bearish sentiment is gone. A rebound is imminent. From a technical perspective, the daily chart for Bitcoin and Ethereum shows that the stochastic oscillator is already oversold. The RSI is also oversold. Both the news and technical aspects support a rebound and rally. Today is Friday, and the weekend is typically a period of consolidation. So, the opportunity today is quite significant. The big move is coming. The four-hour divergence also supports a rebound. The big move is coming. There are too many reasons supporting a rebound. Currently, there are no signs of bearish news. Neither the news nor the technicals indicate any downside. The big move is coming—pay attention to this key point. $BTC $ETH