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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

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

Isleen's accumulation is still slow for daily traders, despite the recent surge in foreign exchange outflows in the British currency.The daily exchange outflow of Ethereum reached its highest level since August on October 4th

Solana's SOL price surged by 20% between September 28th and October 6th, but is this increase parallel to Bitcoin (BTC) or driven by other factors? After a US court approved the sale of $1.3 billion in failed exchange FTX products, SOL faced a period of turbulence before the price broke (or may recover)

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

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

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

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

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

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

On October 2nd, the price of Bitcoin (BTC) surged 5.5% to $28600

According to Santiment's data, Ethereum's network costs have dropped to their lowest level so far in 2023, with an average of only $1.15 per transaction