After experiencing a rebound peak yesterday, Bitcoin and Ethereum both saw significant declines today, with increased market volatility. Bitcoin fell from yesterday's rebound peak near $11900, dipping to around $11750 during the early hours. After hitting the bottom, it experienced a slight rebound, rising back to around $11900 during the day session, but failed to maintain the upward momentum and again entered a correction phase. In the afternoon, bearish forces intensified, accelerating the price decline, which reached a low of $10342. Subsequently, the market saw a rapid pullback, currently trading near $10600. Ethereum also experienced sharp fluctuations, testing a low of $3823 last night, then rebounding slightly to $3948 during the day session. However, the bearish structure accelerated in the afternoon, dipping to a low of $3670 in the evening. Currently, Ethereum has rebounded to around $3780, indicating that there is some support in the market at lower levels.



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Despite the multiple influences from macro factors and news on the market in the short term, which have led to significant fluctuations, the bullish structure has not changed from a broader trend perspective. The current pullback does not signify the end of the trend structure. Supported by numerous positive factors, the cryptocurrency market still has room for further upward movement. In the current market environment, it is essential to maintain rational judgment and avoid blindly chasing highs and selling lows due to short-term fluctuations. It is recommended to pay close attention to changes in the market fundamentals and to reasonably control positions based on one's risk tolerance, ensuring proper risk management measures are in place. For more detailed analysis and real-time interpretations, feel free to follow our live broadcast, where we can discuss market dynamics and investment opportunities together.
BTC2.11%
ETH2.68%
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RoseAfterTheRainvip
· 16h ago
666
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LuckyTreasure133vip
· 10-18 01:54
HODL💎HODL💎HODL💎
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Wg9966vip
· 10-18 01:34
666
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BullAndBearBattlevip
· 10-18 01:11
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MakeSteadyProfitsvip
· 10-17 15:01
坚定HODL💎
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LuckyTreasure133vip
· 10-17 13:20
Steadfast HODL💎
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Ryakpandavip
· 10-17 12:46
Just go for it💪
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LuckyYingzi198vip
· 10-17 12:30
Hold on to HODL💎
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MayYourFortuneAndProsperityvip
· 10-17 11:54
HODL💎HODL💎HODL💎
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MayYourFortuneAndProsperityvip
· 10-17 11:54
Steadfast HODL💎
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