BTC Breaks Through Double Resistance in the Short Term, ETH Retraces After Touching Bollinger Band ResistanceYesterday, BTC hit a low of 57093 and a high of 59412, with a fluctuation range of 2319 and a volatility of 4.0%
BTC Breaks Through Double Resistance in the Short Term, ETH Retraces After Touching Bollinger Band Resistance
Yesterday, BTC hit a low of 57093 and a high of 59412, with a fluctuation range of 2319 and a volatility of 4.0%. ETH fluctuated between a low of 2421 and a high of 2564 yesterday, with a fluctuation range of 142 and a volatility of 5.9%.
Today, BTC is currently at 59280, breaking through double resistance in the short term. After a retracement, it is expected to continue its upward trend. Short-term support is located around 58700, while resistance is located at 62000. ETH is currently at 2527, and after touching the Bollinger Band's upper resistance, it has begun to retrace. Short-term support is located around 2475, and the EMA line shows signs of breaking upwards, suggesting that a new wave of volatility is coming.
In the short term, if BTC can hold above 58700, it could continue to see gains. On the ETH front, short-term resistance is located at 2475, and short-term support is located at 2600.
It's worth noting that the PUMP project VISTA on the Ethereum chain has been launched, and its price has surged over 100 times in one night, with a current market cap of $17 million. The performance of VISTA will determine whether the Meme sector in the Ethereum ecosystem can be reignited. It remains to be seen whether it can continue to rise in the future.
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