New Year Surprise! BTC breaks 93,000, ETH stabilizes at 3,200, can this surge be chased? 🚀
Happy New Year to all friends in the crypto community! The past week (January 1-6) has definitely started off strong, with BTC and ETH directly entering an upward trend. Many friends must have made a lot of money, right? Here are some intuitive data: BTC rose from 88,000 to 93,900, a weekly increase of 6.8%; ETH was even stronger, stabilizing directly above 3,200 from below 3,000, with a weekly increase of 7.3%, peaking at 3,264 USD!
Some may remember the small dip late on January 1, when BTC fell to 87,000, with nearly 164,000 liquidations, causing panic among many. But unexpectedly, the drop was fast and the rise was even faster, quickly rebounding the next day, and then steadily breaking through key resistance levels. This surge is not a false rise; the trading volume has also warmed up, with BTC's 24-hour trading volume returning to 44.7 billion, and ETH's open contracts increasing by 12% in a single day, indicating that market confidence has truly returned.
Many people are asking if they can chase it? Here’s a brief conclusion: the short-term trend is indeed strong, but don’t blindly chase the highs. BTC is currently stuck in the resistance zone of 93,000-95,000, with many trapped positions here, and it needs to increase volume to break through; ETH, while stabilizing at 3,200, also faces selling pressure around 3,250-3,300. For those looking to enter, it’s advisable to wait for a small pullback, such as BTC retracing to 92,000 or ETH retracing to around 3,100 before considering, and beginners should avoid over-leveraging!~
#BTC #ETH #Crypto Market Starts Strong #加密货币行情
$BTC $ETH
Happy New Year to all friends in the crypto community! The past week (January 1-6) has definitely started off strong, with BTC and ETH directly entering an upward trend. Many friends must have made a lot of money, right? Here are some intuitive data: BTC rose from 88,000 to 93,900, a weekly increase of 6.8%; ETH was even stronger, stabilizing directly above 3,200 from below 3,000, with a weekly increase of 7.3%, peaking at 3,264 USD!
Some may remember the small dip late on January 1, when BTC fell to 87,000, with nearly 164,000 liquidations, causing panic among many. But unexpectedly, the drop was fast and the rise was even faster, quickly rebounding the next day, and then steadily breaking through key resistance levels. This surge is not a false rise; the trading volume has also warmed up, with BTC's 24-hour trading volume returning to 44.7 billion, and ETH's open contracts increasing by 12% in a single day, indicating that market confidence has truly returned.
Many people are asking if they can chase it? Here’s a brief conclusion: the short-term trend is indeed strong, but don’t blindly chase the highs. BTC is currently stuck in the resistance zone of 93,000-95,000, with many trapped positions here, and it needs to increase volume to break through; ETH, while stabilizing at 3,200, also faces selling pressure around 3,250-3,300. For those looking to enter, it’s advisable to wait for a small pullback, such as BTC retracing to 92,000 or ETH retracing to around 3,100 before considering, and beginners should avoid over-leveraging!~
#BTC #ETH #Crypto Market Starts Strong #加密货币行情
$BTC $ETH