Bitcoin has recently engaged in intense Bull vs Bear Battle around the 105,000 level. Yesterday's rebound was in line with market expectations, but given that this Friday will see the Delivery of options and contracts, prices may continue to fluctuate around this key level before the delivery. It is worth noting that in the short term, Bitcoin may pull back to the 104,000 level, and investors should follow closely.
At the same time, the performance of Ethereum is also noteworthy. Its price has rebounded to the central range of 2400-2700, a trend that aligns with previous market expectations. However, if Ethereum is unable to firmly hold above the 2400 level, it may indicate insufficient bullish strength, and there is still a risk of further pullback in the short term.
Overall, the current cryptocurrency market is at a critical price level, and the struggle between bulls and bears makes the market trend full of uncertainty. Investors should remain cautious when making decisions and closely follow market trends and the potential impact of upcoming Options and Delivery events on prices.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
14 Likes
Reward
14
7
Share
Comment
0/400
CoffeeOnChain
· 23h ago
Suckers baby, hide away!
Reply0
LiquiditySurfer
· 23h ago
Wait and see, the rhythm of the long and short battle.
Reply0
SmartContractRebel
· 23h ago
Still sideways, I'm scared.
Reply0
WinterWarmthCat
· 23h ago
Wow, I'm so dizzy from this Sideways market.
Reply0
HalfBuddhaMoney
· 23h ago
buy the dip failed, what am I afraid of? Anyway, I'm used to it.
Reply0
ser_we_are_early
· 23h ago
Look at this market trend, it's time to go all in.
Bitcoin has recently engaged in intense Bull vs Bear Battle around the 105,000 level. Yesterday's rebound was in line with market expectations, but given that this Friday will see the Delivery of options and contracts, prices may continue to fluctuate around this key level before the delivery. It is worth noting that in the short term, Bitcoin may pull back to the 104,000 level, and investors should follow closely.
At the same time, the performance of Ethereum is also noteworthy. Its price has rebounded to the central range of 2400-2700, a trend that aligns with previous market expectations. However, if Ethereum is unable to firmly hold above the 2400 level, it may indicate insufficient bullish strength, and there is still a risk of further pullback in the short term.
Overall, the current cryptocurrency market is at a critical price level, and the struggle between bulls and bears makes the market trend full of uncertainty. Investors should remain cautious when making decisions and closely follow market trends and the potential impact of upcoming Options and Delivery events on prices.