Market Analysis:
1. Bitcoin (BTC):
Yesterday it was a roller coaster, peaking at 96635 and dropping to 93005, now hovering around 94463. Overall, the trend is still downward, and market sentiment isn't great, aligning with what we previously mentioned about the 'new lows in a bear market.' The key is to watch the range of 93000–92000; if it can hold, there may be a chance for a rebound later.
2. Ethereum (ETH):
Slightly stronger than Bitcoin, with a high of 3249 and a low of 3004, currently around 3103. Although it also retraced, it didn't drop as hard as Bitcoin, and altcoins have stabilized a bit. The important support below is at 2900, while resistance is around 3510. Overall, Ethereum's trend is still stronger than Bitcoin's.
3. Current Sentiment and Operational Suggestions:
The market is in a panic, but often rebounds come unexpectedly at times like this. From the indicators, it's not advisable to blindly short; focus on key support levels and wait for rebound signals. Be sure to manage your position well and don't act recklessly! $BTC $ETH $BNB
1. Bitcoin (BTC):
Yesterday it was a roller coaster, peaking at 96635 and dropping to 93005, now hovering around 94463. Overall, the trend is still downward, and market sentiment isn't great, aligning with what we previously mentioned about the 'new lows in a bear market.' The key is to watch the range of 93000–92000; if it can hold, there may be a chance for a rebound later.
2. Ethereum (ETH):
Slightly stronger than Bitcoin, with a high of 3249 and a low of 3004, currently around 3103. Although it also retraced, it didn't drop as hard as Bitcoin, and altcoins have stabilized a bit. The important support below is at 2900, while resistance is around 3510. Overall, Ethereum's trend is still stronger than Bitcoin's.
3. Current Sentiment and Operational Suggestions:
The market is in a panic, but often rebounds come unexpectedly at times like this. From the indicators, it's not advisable to blindly short; focus on key support levels and wait for rebound signals. Be sure to manage your position well and don't act recklessly! $BTC $ETH $BNB
