Checking the market this morning, a few of the big names have edged up: Bitcoin is around 80,900 USDT, up 0.93% over the past 24 hours; Ethereum is around 2,350, up 1.12%, while SOL and BNB are also slightly higher.
In plain English: this snapshot is a little warmer than at the same time yesterday, but that doesn’t mean you can buy anything blindly and make money. My take is to first see whether Bitcoin can break above around 81,300, then watch to see if it falls behind again. Don’t mistake a small bounce for a major rally.
Source: Binance Spot, October 28, 08:00 Beijing time, rolling 24h. #BTC #CryptoDaily
In plain English: this snapshot is a little warmer than at the same time yesterday, but that doesn’t mean you can buy anything blindly and make money. My take is to first see whether Bitcoin can break above around 81,300, then watch to see if it falls behind again. Don’t mistake a small bounce for a major rally.
Source: Binance Spot, October 28, 08:00 Beijing time, rolling 24h. #BTC #CryptoDaily