#BTC☀️
《Volatility Intensifies — Current Market Analysis》
Bitcoin has fallen again today, down to around 91500, which has caused quite a panic. The market generally believes that Bitcoin will drop below 90,000, even starting with 7, prompting those with weak conviction to hand over their bloodied chips.
As Bitcoin declines, it is observed that altcoins are not following suit. This is our reason for remaining steadfast during Bitcoin's decline. The trend seems to indicate a strong rebound for Bitcoin, which only weakened after breaking through the resistance around 94400.
Ethereum also strongly rebounded after touching the 3300 mark, with resistance above around 3440 and support around 3375. The overall trend is also turning upward, moving in a positive direction.
In 3 days, a new listing BIO will be launched, a brand new and hot sector, alongside RIF and URO. It is hard to say who the leader will be; perhaps it will be one of these three, or maybe it hasn’t yet been exposed to the public eye. This is also a sector we need to pay close attention to moving forward.
#BTC走势分析
#加密市场反弹
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