Today's mainstream currency market overview analysis:
$BTC
Yesterday, it encountered resistance in the 98800-99500 range. The overall trend was in line with expectations. In addition, due to the impact of the news, the decline exceeded 4,000 points. From the four-hour chart, the price fell sharply last night due to a large amount of selling. Although it has fallen below the recent support level, it has not fallen below the recent shock lower edge. Given that the market volatility is relatively mild over the weekend, the current trading range that can be paid attention to is around 95000-97500.
$ETH
Ethereum encountered pressure around 2850, with a decline of more than 200 points. Overall, it is currently in the process of slow callback recovery. The short-term support level is around 2600, while the pressure level is in the 2730-2760 area.
Market sentiment and risk warning
The impact of the current news has made the market sentiment cautious. It is expected that the overall market will be dominated by bottom shock repair over the weekend. Please note that the market changes rapidly. Please pay close attention to the market dynamics during actual transactions and be sure to do a good job of risk control.
