🔥 The Crypto Market is On Fire – Opportunity or Risk? 🔥
Today, all three major coins BNB, BTC, and ETH are simultaneously declining. BNB is trading at 667.35 USDT, down 1.82%. BTC also decreased by 1.72% to around 105,238 USDT, while ETH dropped the most at 1.99%, currently at 2,579.25 USDT.
This could be a short-term correction after a strong upward phase. However, if BTC cannot hold the 105k level and ETH breaks below 2,550, the market may continue to decline.
Long-term investors may consider a DCA strategy if prices drop further. Short-term traders need to closely monitor fluctuations and not rush to catch the bottom. Please manage risk closely during this sensitive period.
📉 Short-term trend: down
📈 Long-term opportunity: forming