Today, after a sharp decline in BTCUSDT prices over the previous weekend, it has entered a period of consolidation with little price movement in the first two days of this week.
The price is currently trading around $42,800 and mostly sideways, with a resistance level at $43,430 and a support level at $42,100. The EMA 34 and 89 signals continue to reinforce the bearish momentum of the cryptocurrency market.
Breaking the current support levels, namely $42,083 and confirming a breakout below the next support level at $41,506, will significantly push the price down to around $39,000. Wishing you successful trades