Recently, the cryptocurrency market has been quite interesting.
#BTC : From a short-term perspective, the upward trend seems to have reached its limits. When it pulls back, attention should be paid to the short-term support level of 85800. If it doesn't break below that, one might consider buying on dips. However, one should be wary of the round number of 90000, as the pressure can be significant. For long positions, if the price rises to near the resistance level, one should consider reducing positions or taking profits.
#ETH : Looking at the daily chart, Ethereum is still swaying within a downward channel. Although the MACD shows some signs of rising, the increase is limited. The bulls must patiently wait for opportunities, while the bears take this chance to solidify the trend. Friends looking to short around 2070 might set their targets between 2025 to 2000, but be cautious as there is support in the range of 2025 to 2050.
#山寨 cryptocurrency market: Currently, altcoins are somewhat correlated, but a strong upward trend has not yet formed. Some coins have indeed shown signs of a rebound from oversold conditions. If the altcoin ETF gets approved, or new parity tax policies are implemented, the market may experience some new fluctuations, and safe-haven assets might see a resurgence.
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