Cow, has it really come back? #FOMC会议纪要
The signals the market has been giving over the past two days are indeed a bit different
$BTC suddenly surged from around 64,000 to nearly 70,000. After breaking through a key resistance level, shorts were massively liquidated, and market sentiment was instantly ignited. In the past, when the market fell, everyone panicked. Now, when it pulls back, people are stepping in to buy, and when it breaks out, people chase it.
$ETH also started to follow the rhythm. After rebounding from a low level, it climbed back above the 1,900 area again. Although it hasn’t fully broken through the overhead resistance yet, the price action no longer looks like that weak downward trend earlier.
More importantly, market sentiment is changing.
Earlier, everyone was discussing: “Can it still fall?” “Has the bull market ended?” Now people are starting to ask again: “Where is the next target?” This kind of sentiment switch is often exactly the process where the market moves from dullness into activity.
But the bull market is back—doesn’t mean you should blindly chase.
A truly healthy market isn’t one big bullish candle that ends everything. Instead, it’s whether it can hold steady after the breakout, and whether the pullback still has money continuing to step in.
What to focus on now:
Can BTC hold firm around 70,000?
Can ETH break through the 2,000 resistance?
If these two levels continue to open up room, market confidence may be repaired further.
The most comfortable phase of a bull market is never when everyone is just shouting “bull.” It’s when the market first starts to change direction.
#比特币时隔三月重返6.9万美元 #ETH走势分析
The signals the market has been giving over the past two days are indeed a bit different
$BTC suddenly surged from around 64,000 to nearly 70,000. After breaking through a key resistance level, shorts were massively liquidated, and market sentiment was instantly ignited. In the past, when the market fell, everyone panicked. Now, when it pulls back, people are stepping in to buy, and when it breaks out, people chase it.
$ETH also started to follow the rhythm. After rebounding from a low level, it climbed back above the 1,900 area again. Although it hasn’t fully broken through the overhead resistance yet, the price action no longer looks like that weak downward trend earlier.
More importantly, market sentiment is changing.
Earlier, everyone was discussing: “Can it still fall?” “Has the bull market ended?” Now people are starting to ask again: “Where is the next target?” This kind of sentiment switch is often exactly the process where the market moves from dullness into activity.
But the bull market is back—doesn’t mean you should blindly chase.
A truly healthy market isn’t one big bullish candle that ends everything. Instead, it’s whether it can hold steady after the breakout, and whether the pullback still has money continuing to step in.
What to focus on now:
Can BTC hold firm around 70,000?
Can ETH break through the 2,000 resistance?
If these two levels continue to open up room, market confidence may be repaired further.
The most comfortable phase of a bull market is never when everyone is just shouting “bull.” It’s when the market first starts to change direction.
#比特币时隔三月重返6.9万美元 #ETH走势分析