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Crypto Market Rebounds Strongly, Ethereum Breaks $3100The cryptocurrency market showed strong performance on July 9th, with Ethereum breaking through the $3100 mark, demonstrating a strong upward trend with a daily gain of over 5%. Bitcoin also followed suit, rebounding to around $5800, with a gain of about 3

Ethereum Drops Below $3100, Plunging Over 6% in a DayAs of press time, the price of Ethereum has fallen below $3100, marking a drop of over 6.02% in the day

Highlights of the storyTechnical analyst Ali Martinez has detected that the key buying signal for Bitcoin is consistent with the bullish reversal cross star candlestick pattern, indicating that a potential trend reversal is imminent.Martinez announced two important price targets for Bitcoin - $30600 and $31300

Bitcoin continues to dominate, recently breaking the $31000 mark, sparking bullish sentiment among investors and analysts. After a week of volatile trading, the value of Bitcoin surged to over $31000 on Monday

Bitcoin broke through $31000 per coin, rising by over 2% within the day.

Bitcoin hit $31000 per coin, up 2.79% on the day

During the period from Friday evening to early Saturday morning Beijing time, Bitcoin, a highly spirited alternative asset in recent days, continued to soar, once reaching the $31000 mark and setting a new high for the asset within the year.(Bitcoin daily chart, source: TradeView)In fact, Friday's rise did not have any particularly solid positive news

Since the middle of June, the overall Cryptocurrency market has continued to fluctuate at a high point, led by the rise in the price of Bitcoin (BTC), due to the successive requests of traditional financial institutions for Bitcoin spot ETF applications.At present, BTC has been hitting the $31000 mark multiple times since breaking through the $30000 mark on June 21

Bitcoin prices are still striving to break through the resistance level of $31.000

Bitcoin analysts are preparing to break through the $30000 mark, but what will the price trend of BTC provide in the next few days?Bitcoin investors have stated that the second week of June begins in familiar areas, but breakthroughs are imminent.After a calm weekly closing, BTC/USD remained firmly within the established trading range, while behind the scenes, market participants were preparing for some dramatic changes

Edited by: Bi LumingWithin an hour, Bitcoin staged a trend of long short to recover and cut. At around 8:00 am Beijing time on the 10th, Bitcoin fell below the $30000 mark, breaking a new 10 month low and falling more than $10000 from the highest point since the Federal Reserve raised interest rates on May 5th