#加密市场回调 #MLP
📉 The cryptocurrency market is indeed experiencing a correction phase
Current market conditions:
Bitcoin price $113,498, down 0.34% in 24 hours, down 6.64% over 7 days 📊
Ethereum $4,276, up 1.12% in 24 hours, but down 9.48% over 7 days
Solana $185.60, up 2.05% in 24 hours, down 8.69% over 7 days
Technical analysis shows:
🔴 Bitcoin has corrected 8.3% from the high of $124,128 on August 14
🔴 Spot Bitcoin ETF has seen outflows of $975 million over the past 4 trading days
🔴 The Fear and Greed Index has risen to 50, shifting from "fear" to "neutral"
CryptoQuant analysis predicts:
⏰ The current correction is expected to last 2-4 weeks
🚀 It is expected to rise to new highs afterwards
📈 The peak for Bitcoin may arrive as early as October
Investment advice:
Position in quality coins on dips, with a focus on BTC's performance at the support level of $113,000. ETH is relatively resilient, and can be allocated appropriately. The correction provides a good entry opportunity for long-term investors 💎