A quick look before the market opens. BTC is currently stuck at 80,465, down 0.17% over 24 hours, with the overall trend looking weak. ETH is around 2,342, down 0.24% over 24 hours, also looking weak.
BTC traded in a range of 80,088 to 81,034 overnight, and this level is pretty important. If it can open with strong volume and hold around 81,034, short-term sentiment should improve a lot. On the other hand, if it drops below 80,088 right after the open, today will most likely be a choppy day.
ETH is more dependent on BTC’s direction. If BTC doesn’t pick a direction, it’s hard for ETH to move independently. Trading volume is 257 million USDT—not particularly active—which suggests everyone is waiting for a signal at the open.
I won’t trade right at the open today. I’ll watch for half an hour first, then decide once the direction is clear. I’ll make a note and check back later.
#BTC #ETH #早盘 #MarketOutlook
BTC traded in a range of 80,088 to 81,034 overnight, and this level is pretty important. If it can open with strong volume and hold around 81,034, short-term sentiment should improve a lot. On the other hand, if it drops below 80,088 right after the open, today will most likely be a choppy day.
ETH is more dependent on BTC’s direction. If BTC doesn’t pick a direction, it’s hard for ETH to move independently. Trading volume is 257 million USDT—not particularly active—which suggests everyone is waiting for a signal at the open.
I won’t trade right at the open today. I’ll watch for half an hour first, then decide once the direction is clear. I’ll make a note and check back later.
#BTC #ETH #早盘 #MarketOutlook