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

After a sharp fluctuation the day before, Bitcoin remained flat below $28500.Bitcoin and Shanzhai CoinBitcoin is currently hovering below the $28500 mark and attempting to convert the resistance level of $28354 into a support level

Bitcoin, the largest by market value, rose by over 10% at one point, but then fell back to below $30000. As of the time of publication, Bitcoin's quotation was $28434, still reaching its highest point in nearly two months

As October approached, Bitcoin began to focus on the resistance level of $28000 and eventually broke through that level on the evening of October 16th. As of the writing of this article, the transaction price of Bitcoin is $28471, which has attracted widespread attention and analysis

Bitcoin prices are consolidating above the support level of $28000. If BTC breaks through the resistance zone of $28550, it may gain a bullish outlook

Despite the downturn in the memecoin market this week, Dogcoin bulls are still vigorously defending the support level of $0.065

Unlike Bitcoin (BTC) and Ethereum (ETH), which have extended the correction phase, Dogcoin (DOGE) is pushing its price rebound to a higher level. So, what is the next step for the largest meme coin? This is a DOGE price analysis

The cryptocurrency market week began with a strong short squeeze, placing Bitcoin short positions on the wrong trackIn a stunning event, Bitcoin (BTC) regained its vitality earlier this week, shocking market participants with a staggering 3.8% increase

With the star cryptocurrency Bitcoin and other major counterfeit currencies constantly taking significant measures, the cryptocurrency market seems to have surpassed the bearish impact to some extent. Although the top ten counterfeit coins have consistently achieved good growth, three of them have shown outstanding performance in terms of growth

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

Preface: Investment carries risks and caution is necessary everywhere. This content is for reference only

To make a long story short:Ethereum prices show a bullish retest reversal, forming a V-shaped reversal.The reversal rebound is approaching the declining 50 day moving average