Bitcoin will continue to fluctuate, and ETH will continue to rise in the short term
Bitcoin will maintain a fluctuating format in the short term. Some masters say, isn't this a resolute counterattack from 91,000? If it has counterattacked, shouldn't it break through 100,000 directly in one go? This is highly unlikely to be achieved, and now both the bulls and bears are already anxious. Even if Bitcoin rebounds to 96,000 in the short term, the volume is not outstanding. Judging from the previous MACD line trend, Bitcoin has formed a pattern close to a dead cross on the daily line. However, since Bitcoin still has the power to attack based on the expansion of liquidity, the current attitude is to form a long-short balance, and it will still fluctuate in the short term, and it will be difficult to break through 100,000 upwards.
ETH's rise has not stopped. The ETH/BTC exchange rate is gradually recovering, and we can expect the exchange rate to rise to above 0.04. It is expected that in Q1 of 2025, we can see an exchange rate of 0.05. By that time, the price of ETH will have broken through 4,500, and it will be very close to the previous high of ETH.
Let's prepare for the carnival of ETH. I repeat what I have said many times, ETH below 2600 is very cheap, but it is a pity that you may hardly see it now.
Friends who are still losing money on orders, if you don’t have a good circle and don’t have first-hand information in the currency circle, then I suggest you pay attention to me and find me. This round of bull market will help you get ashore, welcome to join the team! ! !