Today's market focus: Bitcoin (BTC):
Today, the Bitcoin price has once again returned to around 100,000 points, aligning with the resistance range mentioned yesterday.
From the current trend, the support level is roughly in the 95,000-96,000 range, while the resistance has expanded to the 104,000-108,000 range. Therefore, the market may continue to show a fluctuating upward pattern.
Although there might be short-term adjustments, if such adjustments occur, it is expected to rebound quickly, leading to excessive concern. For investors who fear operations, it is important to pay attention to market fluctuations.
Ethereum (ETH):
The trend of Ethereum is currently quite clear, with the price having returned to the resistance level around 3,500 points, and it is expected to consolidate here for some time.
The current effective support level is in the 3,360-3,420 range. If the consolidation area is broken, there is a possibility of testing the key position of 3,800 points in the short term.
If it successfully breaks through and stabilizes at 3,800 points, it may open up greater upward space, and at that time, not only Ethereum but also the altcoin market is expected to have a promising performance.
In short-term operations, it is recommended to take profits at the target price, not to be overly obsessed with the larger pattern, and to maintain a strategy that allows for step-by-step operations, locking in long-term operation gains, withdrawing principal, and ensuring risk control. #币安Alpha第6批项目上線 #灰度提交Horizen信托文件 #加密市场反弹 #BinanceLabs投资Usual #币安LaunchpoolBIO
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