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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

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

From a historical perspective, Bitcoin always achieved 78.6% Fibonacci pullback before halving

Bitcoin is a decentralized currency that is not controlled by central banks or government agencies. This means that anyone can purchase and hold Bitcoin without being restricted by geography, nationality, or identity

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

Hello everyoneI am JingshentongThere is no obvious bearish trend in the currency circle in OctoberBTC has also maintained around $27500 in recent daysThat's pretty good, at least it won't make everyone so anxious anymoreThe transaction volume of shanzhai is still very goodIt indicates that the "panic" sentiment in the market has decreased

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

ETH fell below the second long-term upward trend line and stopped falling near the first long-term upward trend line, opening a period of volatility.From the overall market view, the trend of ETH is similar to that of BTC, but there are some differences

Investment research firm ByteTree has raised the price outlook of Bitcoin from "neutral" to "bullish" as cryptocurrencies benefit from being a "safe haven" in stock and bond sales.Bitcoin plummeted to $27300 as its rebound above $28000 proved short-lived

The US dollar index unexpectedly strong, rebounding to consecutive new highs; The rebound of Bitcoin has been quite bumpy, and it has never been able to stand firm at 28000, but the point where it should reach will still be explored.The previous article analyzed that there is a high probability of a three wave upward trend in the daily rebound of the pancake, and based on the current trend, four hours should be a rising center

Recently, during our communication with our friends, we found that some of them have doubts about a report by the Bank for International Settlements (BIS) stating that "cryptocurrencies themselves have not yet proven their value." Here, we will briefly explain our personal understanding

In recent days, as BNB's cross chain hacker Venus account positions have begun to clear, external encryption KOLs have begun to focus on discussing BNB's future trends. Pessimists believe that BNB may follow the same path as FTT and lead to a collapse, and even compare the historical trends of the two, causing community panic