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Follow the crypto market situation and understand market trends. Hello everyone, I am Xinyi

Given the uncertain long-term prospects, a large number of cryptocurrency investors are turning their attention to Ethereum. However, even with historic measures such as PoS, its prices still struggle to recover

The digital currency market has once again stirred up waves, with Bitcoin experiencing a fierce fluctuation tonight, followed by a wave of short positions. In just a few minutes, it experienced a sharp rise and fall, allowing investors to experience a thrilling roller coaster journey

Not long ago tonight, the Bitcoin market sparked a turbulent wave. Investors watched their wealth disappear overnight, as if riding an uncontrollable roller coaster

This week's macroeconomic market was driven by the speech of Federal Reserve Chairman Jerome Powell on October 19th. The victory of grayscale has almost become a foregone conclusion, as the US Securities and Exchange Commission has decided not to appeal the court's ruling

Between October 6th and 12th, ETH prices fell 7%, reaching a 7-month low of $1520. Although it slightly rebounded to $1550 on October 13th, according to multiple indicators, investors' confidence and interest in ETH seem to be weakening

Ethereum prices have retreated from the resistance level of $1670 against the US dollar. If ETH falls below the support level of $1600, it may suffer a significant blow

Hello everyoneI am JingshentongSeptember 29th is the expiration date of BTC optionsAnother noteworthy thing is the Fed's speechThese two news are also considered the last of September:BearishThe market situation in recent days has also fluctuated greatlyPresenting a relatively anxious trend, going up and down laterMany people who cannot resist loneliness have started playing with contractsThe first thing is that I think this market is very simple, especially when playing with strong counterfeit coinsAs long as you have the courage, bicycles can turn into motorcyclesThe second is that the Double Festival is approaching, and I want to make a profit and improve my quality of lifeIdeas are all positive, just wanting to get good results, it's not that simpleThe contract requires precise entry and exit pointsIf you can't grasp it well, don't look at how many times the current profit is, the speed of losing back will be even fasterFrom the perspective of daily market trendsCurrently, it is mainly fluctuating between $24800 and $28100However, if multiple armies are stronger than the air force, the probability of continuing to charge up is greater than continuing to fall1. From the trend of the K-line, there are three waves of decline in the graph, one wave being weaker than the other2

After several weeks of consolidation under important resistance levels, Ethereum's prices finally saw a significant decline.Although there are still many support positions available, ETH's situation does not look good

According to the Zhitong Finance APP, Bitcoin has fallen for the fifth consecutive day, breaking below $27000 per coin for the first time since September last year. Traders say the Middle East conflict has affected investor sentiment

Regarding the dynamics of the Bitcoin (BTC) market, cryptocurrency analyst and strategist Benjamin Cowen emphasized that the cryptocurrency market is currently experiencing one of the coldest periods in its market cycle. He believes that as risk appetite decreases, Bitcoin's market dominance will increase, while counterfeit coins in the market will be suppressed

The recent Twitter debate has highlighted people's polarized views on the prospects of Ethereum in the face of falling prices. Value investor Mike Alfred believes that Ethereum seems "pathological", and the failed narrative surrounding becoming a world computer or "ultrasonic currency" has sparked controversy