Ethereum (ETH) is currently consolidating between $3,000 and $3,500, forming a falling wedge pattern with $3,000 as a critical support level, according to AiCoin. Technical indicators point to weakening selling pressure, with the Relative Strength Index (RSI) nearing oversold levels and a hidden bullish divergence in the Moving Average Convergence Divergence (MACD).
Bitcoin (BTC) is trading between $95,000 and $96,000, experiencing a weekly decline of about 5%-6%, with a low of $93,000. Despite the cautious market sentiment, there are signs of institutional accumulation and whale buying. AiCoin notes key support and resistance levels for both cryptocurrencies, suggesting a bearish bias for Bitcoin on the weekly chart.
Ethereum and Bitcoin Show Mixed Signals Amid Market Volatility
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