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After the recent price increase, Bitcoin (BTC) may face the risk of short-term reversal, while the dismal performance of Ethereum (ETH) Futures Exchange Traded Fund (ETF) has also put pressure on cryptocurrency giants.In the short term, the risk of Bitcoin falling seems to outweigh the risk of rising Ethereum's bearish performance has hardly boosted people's confidence in top tier tokens

Hello everyone, my name is Luo Xiaoemjoy!STRIX - an encryption token that provides power for the Stratis network, has risen 52.49% in the past 7 days

The price of Bitcoin is currently slightly below $28000. This level has been tested multiple times this week

21Shares has released an in-depth report analyzing the decline in various aspects of the industry. In this report, you will find interesting developments regarding Chainlink, Bitcoin, and other hosts

The rapidly soaring SPX index in the first half of 2023 seems to have outperformed Bitcoin prices.The end of the upward trend in the US dollar index (DXY) may indicate a sustained rise in traditional markets and cryptocurrencies

On the last working day of this week, Bitcoin prices continued to strive to stabilize above $28000. Despite a good start to the week and early October, the cryptocurrency market was unable to maintain an upward trend due to the lack of significant growth in trading volume

Ethereum (ETH)Ethereum's attempt to break through $1660 was quickly blocked by buyers, and the price has returned to a key supporting trend line. Therefore, ETH closed down 2

Although the price of Bitcoin briefly stayed at $28000, short-term holders of Bitcoin still insisted on supply. If this situation continues, the price of Bitcoin may break through this new resistance level

Bitcoin experienced a strong rebound early this week, with prices rebounding from the $27000 range and reaching a local peak near the $27500 level.However, this recovery momentum cannot be sustained for too long

The cryptocurrency market is entering a tumultuous period, with prices fluctuating sharply in the past few weeks.Major cryptocurrencies such as Bitcoin, Ethereum, and XRP may experience instability, thereby changing their value

To learn more about the coin circle, clickContinuously updating,Recently, the Bitcoin market is facing potential downside risks. Although Bitcoin has achieved significant growth in the past few years, where should we focus during this period before the bull market arrivesBitcoin is currently the leader in the cryptocurrency market, but Ethereum is considered to have greater development potential

Famous market analyst Ali Martinez recently shared a Bitcoin (BTC) strategy where traders can use RSI indicators to appropriately grasp market timing.Ali is short sellinganalysisIt is pointed out that in the past month, Bitcoin has consistently displayed Relative Strength Index (RSI) data on the 4-hour chart, which has been proven to be a reliable indicator of local top and bottom