#BTC☀
《Increased Volatility — Current Market Analysis》
After a day of fluctuations and rebounds, the market can quickly lose a day's gains as time passes. The crypto market will face another severe test tonight. This is not alarmist; it requires special attention.
Bitcoin began to rebound after touching support near 81300, and resistance still exists around 84500. Bitcoin has tested support, dropping to around the 81000 mark, with a brief support near 82800.
Ethereum's resistance is around 1850; before reaching it, it was pulled down by Bitcoin's drop. There is brief support at the 1800 mark, and as it tests support again, it has returned to the recent low around 1750.
The unemployment rate and non-farm payrolls at 8:30, the U.S. stock market at 9:30, and Powell's speech at 11:25 are undoubtedly significant news for the current crypto market. Stay tuned to Taco for valuable insights.