📉 Market Overview:
Bitcoin (BTC/USDT)
Current price: $94,246.96.
Change: -2.39%.
Despite the large trading volume ($3.41B), Bitcoin continues to decline, which may indicate a wave of profit-taking from large investors
1INCH
Price: $0.3874
Change: -0.39%
Relatively stable compared to other currencies, with relatively low trading volume ($7.05M).
AAVE/
Price: $291.70
Change: -4.24%
DeFi (Decentralized Finance) coin has seen a significant decline, which could be a result of general market volatility or new regulatory decisions
📊 Tips
Risk management: In light of these declines, it is essential to use stop-loss strategies and avoid emotional investment
Portfolio diversification: Do not rely only on highly popular coins, look for promising projects that may perform better in the future
Regulatory and economic fluctuations greatly affect the cryptocurrency market
: Monitor support and resistance levels
For example, if Bitcoin continues to decline, we may see support at the $92,000 level.
📈 Future Forecast
Bitcoin may see a correction in the coming days if it can maintain a strong support level
Small coins like ALGO and ALPHA may be an opportunity for speculators in case of increased short-term demand
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