Bitcoin and Ethereum Decline Amid ETF Outflows and Dollar Pressure
📊 BTC — Piyasa Yorumu
▼ down · 65%The news headline points to negative factors such as ETF outflows and dollar pressure. Technical indicators also support this view: the RSI is in weak territory at 44, and while the MACD is below zero and above its signal line, it remains negative. The price is trading below the 20- and 50-day moving averages. In the short term, the likelihood of a continued downtrend is high, but caution is warranted as the asset has not yet entered oversold territory.
📊 ETH — Piyasa Yorumu
▼ down · 65%ETH has declined 2.95% in the last 24 hours to $1,637, trading below both its 20-day ($1,643) and 50-day ($1,665) moving averages. The RSI at 43.5 indicates weak momentum, while the MACD remains negative below its signal line, confirming short-term bearish momentum. News headlines point to macroeconomic factors such as ETF outflows and dollar strength pressuring cryptocurrencies. Combining these technical and fundamental signals, ETH appears likely to continue its downward trend over the next 1-3 days. However, the RSI has not yet reached oversold territory, limiting the risk of an accelerated decline.