The Bitcoin market continues to show strong momentum, breaking through the $114 barrier. Considering that the U.S. government may face a shutdown, Bitcoin prices are expected to reach around $115. Yesterday, the market experienced significant Fluctuation, with BlackRock reducing its holdings while Fidelity made large purchases, leading to a strong price surge. If this rise experiences a pullback, it may dip to around $111,000.



Ethereum has not followed Bitcoin's strong rise, but if Bitcoin reaches $4300, there is a greater possibility that Ethereum will break through the current resistance level. Solana's rise has slowed down, facing resistance at $215, with $220 being the next key level. Dogecoin is performing weakly, struggling to break through $0.24.

It is worth noting that in the past, the issuance of USDT and USDC often triggered a market rise, but this pattern seems to no longer apply recently, with statistics showing fluctuations. On the institutional side, BMNR's cost for holding Ethereum is around $4100, while Bitmine's cost is approximately $3900.

The market may currently enter a period of adjustment, and it is not advisable to enter hastily. Investors who previously built positions in the $108-109 range have begun to take profits. Investors should closely monitor market trends, operate cautiously, and wait for better entry opportunities.
BTC0.84%
ETH1.13%
SOL0.41%
DOGE-0.24%
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BearMarketBuyervip
· 10h ago
A pullback is an opportunity, just wait, Full Position is all that matters.
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GateUser-e87b21eevip
· 10h ago
The current Bitcoin rise is as fierce as a tiger.
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Web3ExplorerLinvip
· 11h ago
hypothesis: market's quantum dance mirrors ancient trade routes tbh...
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