$BTC $ETH Cryptocurrency Market Overview Today: Opportunities Hidden
BTC consolidated yesterday, with a slight pullback this morning, showing overall steady performance. Strong resistance above makes it difficult to break through in the short term; a period of accumulation and adjustment is needed. Keep a close eye on the Fed's interest rate cut dynamics, and expect continued consolidation within the day.
Previous holders are advised to appropriately reduce their positions to avoid risks. The long-term trend is positive, so patiently wait for the market to start moving. Support at 92500-93000, resistance at 94500-95000.
ETH is oscillating in sync with BTC, showing a healthy trend, likely continuing consolidation throughout the day. Short-term traders can reduce positions at highs, while long-term holders should wait for stabilization. Support at 1700-1750, resistance at 1830-1880.
Altcoins are consolidating alongside the mainstream, showing limited volatility. After BTC and ETH stabilize, consider entering at lower prices. New activities on BSC are frequent, and the MEME sector is worth paying attention to; CAKE is showing a bright trend and can be closely tracked. The SOL ecosystem's popularity is rising, with significant potential in MEME coins. For altcoins that are currently in loss, it is advised to hold and wait for the market to recover. 💥 No hindsight!
