Akan's market analysis today:
Bread trend analysis:
Bitcoin continues to fluctuate in the 600-710 range. A closer look at the hourly chart shows that after breaking through the 680 resistance level yesterday, it retreated to around 635. This pullback is a typical bullish phase, indicating that the upward trend may resume and may soon retest the 680 level.
Auntie update:
Ethereum, which usually moves in sync with Bitcoin, has also retreated, but has established a potential bottom around 3100. Ethereum seems likely to break through the 3300 mark soon as it follows its upward trajectory.
Altcoin market insights:
The broader altcoin market is experiencing a correction, keeping a close eye on the movements of BTC and ETH.
The entire observation shows that many altcoins have found support at key levels.
This confirms the advice given earlier: "The market is rebounding; avoid buying at the peak."
Hold the coins you own because time may be running out.