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BTC (Bitcoin)
- Market performance**:
The price of Bitcoin has gradually returned to relative calm after experiencing significant fluctuations earlier, with the range of fluctuations noticeably narrowing. However, the current short-term selling pressure on Bitcoin still exists, such as the Bitcoin compensation to customers from the Mt. Gox exchange, which may have nearly fully arrived, and the U.S. government also releasing about 10,000 Bitcoins. These factors may pose selling pressure in the short term.
ETH (Ethereum)
- Market performance**:
The price of Ethereum failed to maintain its upward momentum after challenging the resistance zone of $3,750, retreating from that range, forming a local high of $3,744 before starting to decline. The current price has broken below the support levels of $3,330 and $3,300, further descending to around $3,225-$3,110.