The Crypto Assets market is showing a fluctuating upward trend this morning after experiencing volatility last night. Bitcoin began to rebound after finding a bottom around $101,094, and is currently fluctuating around $101,520. From a short-term technical perspective, Bitcoin is at the resistance level of the upper band of the Bollinger Bands, with the KDJ indicator showing a high upward divergence, and the MACD indicator also indicating an upward trend. These signals suggest that there may still be room for a pump in the market.
However, the market may experience a brief pullback. It is expected that Bitcoin may retreat to the range of $104,800-$104,000, and then is likely to rise to the range of $105,800-$106,800. This fluctuating upward trend reflects the cautious attitude of market participants at the current price level, but overall remains optimistic.
As the second largest Crypto Asset, Ethereum's trend is similar to that of Bitcoin. Analysis shows that Ethereum may retrace to the $2,400-$2,370 range, and then is expected to break through the current resistance level, moving towards the $2,420-$2,450 range.
It is important to note that the high volatility of the crypto assets market means that these predictions can change rapidly. Investors should closely monitor market dynamics, manage risks appropriately, and make investment decisions based on their own circumstances. As the global economic environment continues to change, the crypto assets market may be influenced by more external factors, so it is crucial to remain vigilant and flexible.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
12 Likes
Reward
12
6
Share
Comment
0/400
GhostWalletSleuth
· 4h ago
pump is just the beginning, prepare to da moon
Reply0
NFTRegretDiary
· 4h ago
play people for suckers and then run away
Reply0
GasFeeLady
· 4h ago
watching these gas fees dance like my portfolio... just waiting for that sweet spot to hit send
Reply0
SoliditySlayer
· 4h ago
Just have fun with the picture, All in and it's done.
Reply0
HodlTheDoor
· 4h ago
enter a position buy the dip and it's done.
Reply0
RugPullSurvivor
· 5h ago
This week has been played for suckers three times.
The Crypto Assets market is showing a fluctuating upward trend this morning after experiencing volatility last night. Bitcoin began to rebound after finding a bottom around $101,094, and is currently fluctuating around $101,520. From a short-term technical perspective, Bitcoin is at the resistance level of the upper band of the Bollinger Bands, with the KDJ indicator showing a high upward divergence, and the MACD indicator also indicating an upward trend. These signals suggest that there may still be room for a pump in the market.
However, the market may experience a brief pullback. It is expected that Bitcoin may retreat to the range of $104,800-$104,000, and then is likely to rise to the range of $105,800-$106,800. This fluctuating upward trend reflects the cautious attitude of market participants at the current price level, but overall remains optimistic.
As the second largest Crypto Asset, Ethereum's trend is similar to that of Bitcoin. Analysis shows that Ethereum may retrace to the $2,400-$2,370 range, and then is expected to break through the current resistance level, moving towards the $2,420-$2,450 range.
It is important to note that the high volatility of the crypto assets market means that these predictions can change rapidly. Investors should closely monitor market dynamics, manage risks appropriately, and make investment decisions based on their own circumstances. As the global economic environment continues to change, the crypto assets market may be influenced by more external factors, so it is crucial to remain vigilant and flexible.