1.25 market research report $BTC $ETH $SOL
Grayscale has transferred 19,200 BTC to Coinbase and other addresses tonight, worth US$769 million
U.S. SEC delays decision on BlackRock’s spot Ethereum ETF application
Market analysis:
After a sharp decline, the price of BTC stabilized and consolidated at a low level. It has now formed a platform consolidation area and entered a sideways shock trend, with trading volume shrinking significantly. Obviously in order to test the bottom foundation, it deliberately suppressed downwards and broke through the low support of the session. It's very tedious, so be patient. It's very easy to insert the pin up and down. Leverage operation is not recommended.
Since ETH on the 23rd, the market has been testing the support of the previous low and the market selling pressure. Ethereum has regained its support and entered a volatile trend. The method of the market is very technical and very grueling. It is very easy to insert pins up and down. , leverage operation is not recommended.
Today’s focus points
Upper pressure 40500-40900
Lower support 39300-38800