$BTC $ETH
Recently, the Bitcoin market seems to have gone through a thrilling storm, with price movements akin to a roller coaster, first plummeting sharply to $96,000, followed by a slight rebound. Just then, Wall Street giant BlackRock made a shocking statement, claiming they could not guarantee that the total supply of Bitcoin would always remain at the established figure of 21 million. This remark was like throwing a heavy bomb into an already boiling pot of oil, instantly causing the entire market to explode.
Even more unexpected was that the once-glorious cryptocurrency exchange Mt.Gox, after the Federal Reserve released hawkish signals, made a move to sell $102.5 million in Bitcoin. This action was like throwing salt on the already bloody wound of the Bitcoin market, plunging the already shaky and precarious Bitcoin market into an even more difficult situation, with market sentiment falling to its lowest point.
Many small retail investors watched helplessly as the liquidation amount soared into the billions, their inner turmoil almost indescribable. From a technical standpoint, Bitcoin is currently facing immense pressure, desperately trying to hold onto a crucial support line. Once this support line is breached, its price is very likely to continue on a downward path, further declining, and at that time, the entire Bitcoin market will face a new round of turmoil and unrest.
Ethereum's entry point tonight is at: 3055
Bitcoin's entry point tonight is at: 90800
Small positions to enter, seeking stability and victory!
No guarantee for rapid spikes; rapid spikes may break through 3000 and 90000 with some probability.
