A quick look before the market opens. BTC is currently stuck at 83,107, up 0.57% over 24h, and overall looking somewhat strong. ETH is around 2,510, up 0.84% over 24h, and also looking somewhat strong.
BTC traded between 82,546 and 83,173 overnight, and this level is pretty important. If it can open with strong volume and hold around 83,173, short-term sentiment will improve a lot. On the other hand, if it drops below 82,546 right at the open, today will most likely be a choppy day.
ETH is more dependent on BTC. If BTC doesn't pick a direction, it's hard for ETH to make a move on its own. Trading volume is 293 million USDT, which isn't particularly active—suggesting everyone's waiting for a signal at the open.
I won't jump in as soon as the market opens today. I'll watch for half an hour first, then decide once the direction is clear. For now, I'll just watch and stay out.
#BTC #ETH #早盘 #MarketOutlook
BTC traded between 82,546 and 83,173 overnight, and this level is pretty important. If it can open with strong volume and hold around 83,173, short-term sentiment will improve a lot. On the other hand, if it drops below 82,546 right at the open, today will most likely be a choppy day.
ETH is more dependent on BTC. If BTC doesn't pick a direction, it's hard for ETH to make a move on its own. Trading volume is 293 million USDT, which isn't particularly active—suggesting everyone's waiting for a signal at the open.
I won't jump in as soon as the market opens today. I'll watch for half an hour first, then decide once the direction is clear. For now, I'll just watch and stay out.
#BTC #ETH #早盘 #MarketOutlook