#ETH
《Increased Volatility — Current Market Analysis》
In the past two days, due to favorable data such as ADP employment numbers, PCE price index year-on-year, and unemployment claims, the entire market has shown some improvement, especially Bitcoin, which has been rising against resistance and has broken through the 95500 resistance level, now this position has become support.
The trend seems to indicate that the upward momentum has slowed down, which is a consistent pattern during the day when important data is released, with slight fluctuations. The range for Bitcoin is between the 96000 level and around 97500, and there is not much probability of significant volatility during the day.
Ethereum, which is crucial for the overall altcoin trend, has also slightly eased and has stood above the 1800 level; whether it can maintain this position is the key to bullish sentiment, with the fluctuation range between 1810 and 1860, leaving little operational space, and we need to continue waiting for the right opportunity.
ALPACA is about to launch a stage, and everyone can see the cruelty of this market, which can rise tenfold overnight or go straight to zero. Choosing the right targets at the right time is of utmost importance, rather than treating it like buying a lottery ticket, which could lead to losses that should not have occurred. Respecting the market is not just a slogan; it needs to be implemented in practice.