In-depth analysis and outlook of BTC and ETH market

1. BTC market trend

Bitcoin (BTC) prices have fallen significantly, with its price once hitting a low of more than 92,000 points. For now, it’s difficult to form an extremely optimistic forward-looking judgment on BTC.

In view of this, the market focus has gradually shifted to the field of Ethereum (ETH) and altcoins, trying to explore whether their trend dynamics can trigger a round of comprehensive altcoin season, that is, a market situation in which many altcoins collectively rebound and strengthen.

However, all this still needs to be gradually clarified based on the subsequent actual evolution of the market. Currently, it is still uncertain, so we can only keep a close eye on it and wait and see.

2. ETH market analysis and prediction

Ethereum (ETH) exhibits unique market characteristics. Whenever the price falls, it quickly rebounds. This pattern is similar to the previous trend of BTC.

From the hourly level, there have been two consecutive technical forms of pin insertion and closing of the Yang, which to a certain extent implies the tenacious resistance and active counterattack of the bulls. Based on the current market performance, ETH is very likely to continue its upward impact at the intraday level.

At present, ETH has successfully stabilized at 3400 points. Judging from technical analysis and market trends, there is a high probability that it will challenge the 3700-3800 range.

However, there is still great uncertainty as to whether it can ultimately successfully break through the key resistance level of 3,800 points, and there are many possibilities and variables in the market.

Here, we only provide professional market analysis and key point tips. As for whether investors choose to participate in this potential market fluctuation and obtain profits, that is, whether they are willing to "eat the tail" of market profits, it completely depends on the investors themselves. risk preferences, investment strategies and independent judgment on the market.

As for the support points for intraday operations, the first thing to pay attention to is the area near the first line of 3360, while the more effective support range for the day is located between 3280 and 3320. Investors can reasonably plan their investment decisions based on these key points. Risk control measures. #比特币盘整分析 #BNBChain生态MEME币发力 #NOT市场动态