All indicators are in the red except the Community Trend.
Current support / resistance: $7'700 / $8'200
The support at $8'000 didn't hold and the $7'700 level is getting dangerously close. After four days in the red, it is likely that a stabilization will be observed in the coming days. However, all the indicators show a very bearish trend with a risk of falling below the support observed before China's announcement. The current level should be carefully monitored as, if it breaks, a significant drop could result.
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