The trend of Bitcoin and Ethereum has shifted to a downward direction. Bitcoin failed to successfully break above the inverted head and shoulders neckline after breaking through it, falling below $90,000, and its bullish structure has invalidated. Ethereum's performance is even weaker, closing below a key support level and closely watching the $2797-$2757 region. Unless the bulls can quickly regain ground, the bears will take control.
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The trend of Bitcoin and Ethereum has shifted to a downward direction. Bitcoin failed to successfully break above the inverted head and shoulders neckline after breaking through it, falling below $90,000, and its bullish structure has invalidated. Ethereum's performance is even weaker, closing below a key support level and closely watching the $2797-$2757 region. Unless the bulls can quickly regain ground, the bears will take control.