In the past few days, Bitcoin has continuously broken new highs, and Ethereum has also been breaking through. The overall market is steadily climbing, with Ethereum and Ripple performing relatively strong. Other mainstream and large altcoins are generally being drained like Bit, stabilizing and consolidating. Only when the funds stabilize will they flow into other mainstream and large altcoins. However, during Bitcoin's rise, the volume has not increased. Currently, the trend still has the possibility to continue rising, and it is not ruled out that it could linger around the 110,000 position in the short term.
$BNB is expected to fluctuate in the range of 700 to 740. I’m so touched that they actually issued two loyalty Holder rewards continuously, the fourth and fifth phases.
$ETH is expected to consolidate and slowly rise around 4000. If one continues to invest regularly, they will definitely make a profit. Institutions are continuously increasing their holdings in the short term, and there is still a target of 4800 above. As the saying goes, with clear targets and positive actions from institutions, it is quite promising. For those who feel Bitcoin is too high, they can actually consider this one.
Today's daily $BTC market analysis: From the K-line perspective, the 1-hour level is in a downtrend, the 4-hour level is in a downtrend, the 12-hour level has turned downwards, and the daily level is still in an upward trend. The intraday resistance level is 108,500, and the support level is 102,500 USD.
