The market these past two days feels like someone who just finished a long run
After a surge to a high level, it has started to consolidate in place
$BTC is currently oscillating between 70,000 and 80,000
Yesterday it even touched 80,000, then profit-taking slammed the price back down
After a strong bullish surge, it has paused to catch its breath
Current support levels: 75,000-76,000
Resistance is at 78,000-80,000
In the short term, it feels hard to break above 80,000 again
Unless there is new positive news
$ETH's movement is a bit stronger than BTC
Currently fluctuating around 2430-2450
Yesterday it tried twice to break 2500 but failed
Feels like another drop is coming
What do you think?
#SolanaGovernanceVoteToDoubleDeflationRate #BitcoinStrongestWeekSinceMarch2023 #SamsungFalls6.4%OnReturnPlanMiss
After a surge to a high level, it has started to consolidate in place
$BTC is currently oscillating between 70,000 and 80,000
Yesterday it even touched 80,000, then profit-taking slammed the price back down
After a strong bullish surge, it has paused to catch its breath
Current support levels: 75,000-76,000
Resistance is at 78,000-80,000
In the short term, it feels hard to break above 80,000 again
Unless there is new positive news
$ETH's movement is a bit stronger than BTC
Currently fluctuating around 2430-2450
Yesterday it tried twice to break 2500 but failed
Feels like another drop is coming
What do you think?
#SolanaGovernanceVoteToDoubleDeflationRate #BitcoinStrongestWeekSinceMarch2023 #SamsungFalls6.4%OnReturnPlanMiss