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Good evening, currently around 1670. On the hourly chart, it shows a rapid surge to near 1690 followed by multiple pullbacks. The current price is being suppressed by the short-term moving average. Technically, the MACD remains bearish, RSI is weak, and the middle band of the Bollinger Bands is providing effective resistance, indicating a lack of sustainability. The upward space is limited.
Candied oranges face resistance around 64700-65400, and may test the 63500-62600 range later;
Ethereum faces resistance around 1685-1710, and may test the 1640-1605 $BTC area later.