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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

Ethereum (ETH) prices have supported a rebound in the trend line and broken through the downward resistance trend line in the past 500 days.After breaking through on September 28th, ETH prices reached a high of $1751 on October 1st, but have since fallen, reflecting the trend in the cryptocurrency market

ShibaInu has always been one of the most explosive cryptocurrencies, witnessing perhaps the most impressive bull market in 2021, when it became part of the top 20 counterfeit coins in total market value and has since maintained this position.As early as 2021, when SHIB became famous, this cryptocurrency was known as the "dog coin killer" in its community

Highlights of the storyThe price of Ethereum is losing the increase at the close of the previous trading day, suggesting that it may fall below 1800 dollarsIn addition, the possibility of a bullish breakthrough is relatively low, but bears seem to have more power than bulls, which may not maintain a bullish situation for the long termA few hours ago, the price of Ethereum reached the level of more than $1900, but failed to maintain, leading to a significant pullback to the current level of about $1862. Although the token has shown strong strength in the past 7 days, it is expected that the price decline trend will continue

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance

Bitcoin and other cryptocurrency markets are in a loss making state, and according to CoinGecko's data, the largest digital asset by market value fell by 2% within 24 hours, trading at $25716.The token hit a ten-month high of $30000 in April and has struggled to rebound since its sharp decline in May

DOGE was one of the best performing assets in the past week, as Bitcoin and Ethereum tended to decline in September. The meme coin seems to have responded positively to the possible acquisition of Twitter by billionaire and technology giant Musk

Against the backdrop of the successful upgrades of "Shanghai" and "Capella" (Shapella), prices have broken through. The strengthening of bullish sentiment after the upgrade led to the price of Ethereum hitting a new high of $2123 for the year on April 14th