Analysis

Bitcoin has recently experienced a decline below the $68,000 level, with the price slowly moving towards the $66,250 support zone. Despite attempts to recover, the price remains below $68,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $67,900 on the hourly chart of the BTC/USD
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Ethereum’s price has been on a downward trend lately, falling below the $3,800 support level. As it approaches $3,720, investors are left wondering if a fresh increase is on the horizon. The failure to maintain stability above $3,880 has contributed to this decline, with the price currently trading below both this level and the 100-hourly
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