A quick look before the market opens. BTC is hovering at 83,526, up 1.61% over the past 24 hours, with an overall bullish bias. ETH is around 2,510, up 1.73% over the past 24 hours, also with a bullish bias.
BTC traded between 81,034 and 84,168 overnight, and this range is pretty crucial. If it can hold around 84,168 with increased volume after the open, short-term sentiment should improve quite a bit. On the other hand, if it drops below 81,034 right after the open, today will most likely be a choppy day.
ETH is more dependent on BTC's lead. Without a clear direction from BTC, it's hard for ETH to move independently. Trading volume is 707 million USDT—not particularly active, which suggests everyone is waiting for a signal at the open.
I won't jump in right at the open today. I'll watch for half an hour first, then decide once the direction is clearer. For now, I'll just watch and sit tight.
#BTC #ETH #早盘 #MarketOutlook
BTC traded between 81,034 and 84,168 overnight, and this range is pretty crucial. If it can hold around 84,168 with increased volume after the open, short-term sentiment should improve quite a bit. On the other hand, if it drops below 81,034 right after the open, today will most likely be a choppy day.
ETH is more dependent on BTC's lead. Without a clear direction from BTC, it's hard for ETH to move independently. Trading volume is 707 million USDT—not particularly active, which suggests everyone is waiting for a signal at the open.
I won't jump in right at the open today. I'll watch for half an hour first, then decide once the direction is clearer. For now, I'll just watch and sit tight.
#BTC #ETH #早盘 #MarketOutlook