Looking back at the recent trend, Bitcoin once approached $72,500 after breaking through $70,000, but encountered strong resistance near $72,609. The price pullback shows that the market is divided before this key resistance level.

Currently, Bitcoin is testing the key support of $68,500. If this price is broken, the next support point is $67,500. Technical indicators show that MACD has entered the bearish zone and RSI has also fallen below 50, which may suggest that the short-term market may be biased towards the bears.

But it is too early to draw a conclusion. The Bitcoin market is full of volatility and uncertainty, and any breakthrough or break of key prices may trigger a chain reaction. Before the price clearly breaks the $67,500 support, the market may still rebound.

We should pay close attention to the two key support levels of $68,500 and $67,500. At the same time, we should also pay attention to the overall dynamics of the market to judge the trend more comprehensively.

In general, the current price pullback of Bitcoin may be just an adjustment in the market, or it may be the beginning of a downward trend. We need to stay alert and respond flexibly to market dynamics.

Ethereum price drops, is it still worth buying?

Ethereum price recently rose to around $3,725 and stopped going up, and now it has fallen to around $3,510. What's going on? Is it still worth buying now?

From the technical chart, Ethereum fell below an important trend line of $3,510, and the current price is hovering around $3,500. Although it looks a bit weak in the short term, it is not time to say that it is completely unusable. After all, as long as the price does not fall below the key support point of $3,420, the possibility of a rebound is still quite high.

We have to admit that Ethereum did rise sharply some time ago, from $3,550 to nearly $3,725. But at this position, the seller's power began to emerge, and the price naturally pulled back. This kind of pullback is actually quite normal, after all, the market cannot keep rising.

The question that everyone is most concerned about now may be: Is Ethereum still worth buying? This question is actually quite difficult to answer, because no one can predict the market trend. But if you are optimistic about Ethereum in the long term, the current price may be a good entry point. Of course, the premise is that you can withstand short-term price fluctuations.

In general, Ethereum's price correction does not mean that it is doomed. The market is always full of variables, and the key is to look at your own investment strategy and risk tolerance. #BTC #ETH #ethfl #WIF #SHIB