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$ETH Market Analysis
$ETH broke its rising support after failing at $3.4K.
Current reaction around $3K is key.
No reclaim means weakness continues and ETH likely underperforms BTC short term.
Momentum still points lower unless buyers step in fast.
ETH0.51%
BTC-0.08%
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GateUser-604d29afvip:
The signals suggest that this year's sinking time may come earlier than last year.
BCH is steadily climbing within a long-term uptrend, supported by a clear rising trendline on the weekly timeframe. Price is now approaching the major resistance zone where it has been rejected multiple times in the past, making this area a key barrier for bulls to break.
A strong weekly close above this resistance would open the door for a larger bullish continuation. However, if BCH gets rejected again from this zone, it may retrace back toward the ascending trendline for support before attempting another move upward.
$BCH
BCH3%
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