After a sharp fluctuation the day before, Bitcoin remained flat below $28500.Bitcoin and Shanzhai CoinBitcoin is currently hovering below the $28500 mark and attempting to convert the resistance level of $28354 into a support level
After a sharp fluctuation the day before, Bitcoin remained flat below $28500.
Bitcoin and Shanzhai Coin
Bitcoin is currently hovering below the $28500 mark and attempting to convert the resistance level of $28354 into a support level. If BTC plans to move towards $30000, then this level is crucial for BTC.
Due to the broader market sentiment still bullish, BTC has the opportunity to further rise and reach $29000. The Relative Strength Index (RSI) indicates that the market is not too hot and may face a risk of pullback.
If there is a pullback, Bitcoin may fall back to around $27418 and maintain its leading position in the upward trend. However, if it loses this support and the 50, 100, and 200 day moving averages, the bullish argument will be invalidated. If this situation occurs, the main price may fall below $27000 and fall towards $26483.
The counterfeit currency market is hot, with Bitcoin fluctuating slightly below $28500 the day before after a sharp fluctuation.
Sui (SUI) was the worst performing project among the top 100, evaporating over 8% of its value and wiping out all profits from before this week.
Other projects such as Klaytn (KLAY), Conflux (CFX), Uniswap (UNI), Gala (GALA), Fantom (FTM), IOTA (IOTA), Mantle (MNT), FraxShare (FXS), MultiversX (EGLD), CurveDAOToken (CRV), Stellar (XLM), Arbitrum (ARB), WOONetwork (WOO), LidoDAO (LDO), Kava (KAVA) It has fallen by 3-7% in the past 24 hours.
Ethereum (ETH) fell back to nearly $1550 after a strong rise the previous day, ending four consecutive days of gains. Currently, the price of ETH is approximately $1568, which has fallen by over 1.5% in the past 24 hours.
(Personal opinions do not constitute suggestions)
In the encryption industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle so that everyone can warm up and maintain insight. If you are alone, looking around in a daze, and realizing that there is no one, it is actually difficult to persist in this industry.
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