In the coming hours, there may be noticeable fluctuations in the cryptocurrency market.
The market seems to be going through a period of conservatism as a result of some impactful events such as the transfer of large amounts of Bitcoin from the Mt. Gox, which has led to some recent price decline.
However, there are expectations that the markets may see potential gains thanks to some positive factors such as the recent approvals of exchange-traded funds (ETFs) for Ethereum and Bitcoin.
Market expectations indicate that Bitcoin may once again attempt to reach new resistance levels above $70,000 in the coming days, especially with increasing long-term investment flows.
As for Ethereum, prices appear to be heading higher, which could boost the performance of some other cryptocurrencies such as Chainlink and uniswap.
In general, investors should be cautious and prepared for volatility, focusing on new news and developments that may impact the market in the near future.
