Today's Bitcoin Summary
From midnight to morning, Bitcoin fluctuated between the 103000-105000 range. The altcoin rose by over 50 points after a midnight oscillation and fluctuated with Bitcoin in the morning.
In the afternoon at three o'clock, the market was boosted by progress in China-U.S. trade, leading to a leap in Bitcoin and Ethereum, while the altcoin retreated, confirming Bitcoin's price at 1292 points, with the altcoin at 46 points.
After a price spike driven by positive news, the altcoin adjusted and fluctuated within a range, but unfortunately, the market tested lower levels in the evening, dropping by two thousand points, leading the altcoin to stop loss and exit in the evening.
Today, under the support of institutional funds and positive news, market sentiment is leaning towards optimism. The altcoin is continuously breaking through at high levels, and Bitcoin still shows a long-term bullish trend, but caution is needed regarding pullbacks after highs and this week’s data report.
In the early morning, the altcoin adjusted to lower levels, showing signs of further short-term adjustments. It is advisable to wait for the altcoin to reach lower levels before entering the market. In the ever-changing crypto world, if mistakes are made, it’s okay; understanding when to adjust your mindset and seizing the right moment to enter will always lead to rewards!
