#加密市场观察 Technical analysis shows that after several days of decline, the two major mainstream cryptocurrencies have both exhibited oversold correction signals.
The daily chart indicates that although prices have rebounded, bearish forces still dominate. The RSI indicator shows signs of turning in the oversold area, suggesting short-term selling pressure is easing. However, the MACD indicator remains in a bearish expansion state, indicating that the downward trend has not been fully reversed.
Bitcoin is currently in a fierce battle between bulls and bears around the $70,000 level. The four