Yes, there is some pressure/volatility in the crypto market right now. According to current market data:
Bitcoin (BTC) is at around $83,132 and is down about 1.6% today. �
CoinMarketCap
Ethereum (ETH) is at around $2,661; up about 1.4% in the last 24 hours. �
CoinMarketCap
BTC had rallied to the $85k–$87k area in recent days, so it is possible to consider the current decline as just a short pullback; but the volatility is considerable. �
Barron's +1
A key short-term level for ETH is around $2,650; Reuters' recent technical analysis suggests further weakness below $2,560–65. �
Reuters
Important note: If you are thinking of taking a trade right now, do not go long or short based on this information alone. It would be better to look at the trend, support/resistance, and volume of the 1-hour or 4-hour chart first.
Bitcoin (BTC) is at around $83,132 and is down about 1.6% today. �
CoinMarketCap
Ethereum (ETH) is at around $2,661; up about 1.4% in the last 24 hours. �
CoinMarketCap
BTC had rallied to the $85k–$87k area in recent days, so it is possible to consider the current decline as just a short pullback; but the volatility is considerable. �
Barron's +1
A key short-term level for ETH is around $2,650; Reuters' recent technical analysis suggests further weakness below $2,560–65. �
Reuters
Important note: If you are thinking of taking a trade right now, do not go long or short based on this information alone. It would be better to look at the trend, support/resistance, and volume of the 1-hour or 4-hour chart first.
