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$BTC The recent price of Bitcoin has been growing at a high level. Combined with the four-hour Bollinger Bands, the current price is operating below the middle band, with both bullish and bearish forces being relatively balanced. Recently, the price has not been able to break through the high points, and the low points have not shown a significant increase, indicating an unclear market trend. In the short term, there is a risk of a price decline, specifically represented by the emergence of a top divergence pattern, while the upper Bollinger Band forms short-term resistance. Without a strong breakout, the price may continue to consolidate or slightly retrace in the short term. The upper resistance is in the range of 104800-105800, while the lower support is in the range of 101600-100800. After a continuous rise, the price of Ethereum
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#CryptoRegulation Trump Still Expected to Sign Crypto Legislation by August, Says White House Advisor Bo Hines White Trump Still Expected to Sign Crypto Legislation by August, Says White House Advisor Bo Hines White House advisor Bo Hines confirmed that former President Donald Trump remains on course to sign new cryptocurrency legislation by August. Speaking at the Consensus 2025 event in Toronto, Hines also defended the Trump family’s involvement in the crypto industry, addressing ongoing speculation about their ties. Consensus 2025 Highlights: Anchorage Digital Pushes Back on DHS Probe Rumors: CEO Nathan McCauley dismissed claims of a government investigation into the company. “There is no investigation into us, as is unambiguously clear at this point,” he stated. Worldcoin Defends Data Privacy:
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$BTC Exercise caution due to the current downtrend! Consider buying Bitcoin (BTC) and Ethereum (ETH) for their strong market capitalizations, which can offer stability. Keep an eye on Solana (SOL) and Cardano (ADA) for potential bounce opportunities. Avoid overexposure and wait for clearer signals before making significant investments. Stay updated on market changes! 💡Statistics: The crypto market is down today.
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