The price of Bitcoin has been a bit unstable recently, and it seems that the price of $60,000 is about to be lost. As for Ethereum, everyone is also wondering whether it will fall badly in 2024. The ups and downs of the market are really a headache for investors who chase when they see a rise and sell when they see a fall.
Last week, the market suddenly rose, and those investors who were waiting for the price to fall became anxious and rushed to buy in. As a result, the price fell again in the past few days, and their money was less. This tells us that we can't blindly chase when we see a rise, and rush to sell when it falls. This is really unreliable.
Looking at the price trend of Bitcoin, it seems to be in a slightly downward channel. This trend makes it easy for people to think that it will always be like this, but in fact, the market will not always follow a pattern. What we want to see is the real change in the market. Although the price of Bitcoin seems to be falling, every time it falls, the trading volume becomes less, which means that there may not be so many people who want to sell. Especially with the recent fall, the trading volume is even less, and the market may be about to change.
Ethereum is not the same as Bitcoin. It swings back and forth between two prices. After a big drop, it began to swing in this price range. Since April 14, it has fallen to a certain price several times and then rose back, and then rose to a certain price and fell back. Although it has fallen a lot recently, tomorrow's trend will tell us whether this price can be stabilized. At present, Ethereum seems to be in a better situation than Bitcoin.
How the market will go next is really critical. It will determine our earnings. Our team will always pay attention to market changes and give professional advice. Whether it is Bitcoin or Ethereum, we will keep a close eye on their dynamics to help everyone make more informed decisions.
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