BTC fell 3.55% over the past 24 hours, but what’s more worth paying attention to is this: it’s not just BTC alone retracing.
BTC is currently trading at about 77,334 U; ETH is -3.19%, and BNB is -3.31%. BTC’s trading volume over the past 24 hours is about 1.557 billion U. Over the past hour, price has been pushed down from around 80,000 to 77.3k. Major coins are moving down in sync, suggesting this move looks more like risk appetite is contracting rather than a small fluctuation in a single coin.
I’ll watch two things: whether BTC can stop its streak of lower lows, and whether ETH and BNB will show relative resilience and avoid an initial downside. If all three lines keep weakening together, the quality of any rebound will have to be discounted.
This kind of market is easiest to make people rush in, but when volatility spikes, chasing a drop and grabbing a rebound can both get swept back and forth. Do you think the area around 77k is where sentiment gets released, or is it the start of the next wave of sell pressure?
$BTC $ETH $BNB #现货观察 #加密市场
BTC is currently trading at about 77,334 U; ETH is -3.19%, and BNB is -3.31%. BTC’s trading volume over the past 24 hours is about 1.557 billion U. Over the past hour, price has been pushed down from around 80,000 to 77.3k. Major coins are moving down in sync, suggesting this move looks more like risk appetite is contracting rather than a small fluctuation in a single coin.
I’ll watch two things: whether BTC can stop its streak of lower lows, and whether ETH and BNB will show relative resilience and avoid an initial downside. If all three lines keep weakening together, the quality of any rebound will have to be discounted.
This kind of market is easiest to make people rush in, but when volatility spikes, chasing a drop and grabbing a rebound can both get swept back and forth. Do you think the area around 77k is where sentiment gets released, or is it the start of the next wave of sell pressure?
$BTC $ETH $BNB #现货观察 #加密市场
