#加密市场反弹
📉📊
Yesterday, the market experienced significant fluctuations, with Bitcoin dropping to $91,000 at one point before rebounding to $99,000, close to the $100,000 mark. In contrast, the volatility of altcoins was even more pronounced, particularly Ethereum and Cardano.
🔶Ethereum (ETH)
Recently pulled back to $2,150, it has now rebounded to $2,700. In just half a day, it has increased by 25%. The valuation of Ethereum against Bitcoin fell to a low of 0.023 BTC, but it has now rebounded by 16%. It is still testing the bull market support line, with a key point at $4,000.
💎Cardano (ADA)
Yesterday it dropped to a low of $0.50, and has now risen to $0.77. The increase within a short time reached 51%. It has regained its position above the bull market support line, and its technical formation is stronger than that of ETH. The RSI indicator shows that the market is currently relatively oversold, indicating potential for significant upward movement in the future.
Market Opportunities and Trading Strategies
💡Market fluctuations provide good trading opportunities:
Short-term traders can take advantage of the volatility by buying at support levels and gradually taking profits during rebounds. Long-term investors can use the pullback period to accumulate positions in batches to capture future bull market trends. Risk management remains key, and it is recommended to use stop-loss orders to protect positions.
🌍Recent market fluctuations are partly influenced by macroeconomic factors:
The suspension of the tariff dispute between the United States and Mexico has brought short-term market warming. The Bitcoin ETF craze continues, with funds still flowing into the market.