In-depth analysis about BTC💬
With Trump's election, the price of Bitcoin (BTC) broke through its all-time high in one day, approaching 76,500 points. A significant positive line in the market marks the release of energy accumulated for nearly five months. At present, the entire market atmosphere has begun to show a "greedy" atmosphere. In the short term, investors need to pay special attention to the support position in the yellow area, which is an important indicator of market volatility. In the past 4 hours of trading, BTC price has not effectively fallen below this yellow zone, indicating that the market remains bullish.
As far as the overall trend is concerned, as long as the BTC price does not fall below the key support level of 70,000 points, the general trend will not change. For those investors who fail to follow up in time, there is no need to rush to chase the rise. It would be wiser to look for key support levels as an opportunity to re-enter the market. In addition, Ethereum (ETH) is also worthy of attention. It has a need to make up for its gains, and its market performance may provide new opportunities for investors.
Overall, investors should be more cautious after the market has experienced a period of rise. Whether it is BTC or ETH, you need to pay close attention to its key technical indicators and support levels. The market is volatile, and investors should always keep a clear mind, analyze rationally, and make prudent decisions. While pursuing returns, you should also pay attention to risk control to ensure the safety and soundness of your investment. #BTC☀ #BTC走势分析 $BTC