Once the level of 16,740 gets taken out by a bearish closing, the trend changes to a confirmed downtrend. It is important to note that the 16,740 level is important because there is a demand zone on the index up to 16,740 and also the fact that the Elder ray signals right now do not completely write-off this sideways movement
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest