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Ethereum prices have retreated from the resistance level of $1670 against the US dollar. If ETH falls below the support level of $1600, it may suffer a significant blow

Hello everyoneI am JingshentongSeptember 29th is the expiration date of BTC optionsAnother noteworthy thing is the Fed's speechThese two news are also considered the last of September:BearishThe market situation in recent days has also fluctuated greatlyPresenting a relatively anxious trend, going up and down laterMany people who cannot resist loneliness have started playing with contractsThe first thing is that I think this market is very simple, especially when playing with strong counterfeit coinsAs long as you have the courage, bicycles can turn into motorcyclesThe second is that the Double Festival is approaching, and I want to make a profit and improve my quality of lifeIdeas are all positive, just wanting to get good results, it's not that simpleThe contract requires precise entry and exit pointsIf you can't grasp it well, don't look at how many times the current profit is, the speed of losing back will be even fasterFrom the perspective of daily market trendsCurrently, it is mainly fluctuating between $24800 and $28100However, if multiple armies are stronger than the air force, the probability of continuing to charge up is greater than continuing to fall1. From the trend of the K-line, there are three waves of decline in the graph, one wave being weaker than the other2

Compared to the dominant cryptocurrency Bitcoin, Ethereum's price hovers around the annual low point. This decline has been evident since September 2022, causing ETH to drop to $1594 at the time of writing this article

Ethereum is an open source public blockchain platform with smart contract functionality that provides decentralized Ethereum Virtual Machine (EVM) to handle peer-to-peer contracts through its dedicated cryptocurrency Ethereum (ETH).The concept of Ethereum was first proposed by programmer VitalikButerin between 2013 and 2014, inspired by Bitcoin, with the general meaning of "Next Generation Cryptocurrency and Decentralized Application Platform"

In recent weeks, Ethereum (ETH), the main asset in the cryptocurrency market, has not received a warm welcome from the market due to price declines and unstable on chain performance. Overall, the overall situation of the cryptocurrency market has not significantly improved, as most counterfeit currencies have not been able to maintain an upward trend

With the continuous development of the cryptocurrency market, Ethereum (ETH), as one of the most important blockchain platforms, has received much attention. However, in the past period of time, the price of ETH has been declining, and the market has raised concerns about its prospects

What is Ethereum (EHT):Ethereum is an open source public blockchain platform with smart contract functionality, which has its own cryptocurrency, Ethereum (ETH), and its own programming language, Solidity.The concept of Ethereum was first proposed by programmer Vitalik Buterin between 2013 and 2014, inspired by Bitcoin, with the general meaning of "Next Generation Cryptocurrency and Decentralized Application Platform"

The DOGE token has experienced a 1% price drop in the past 24 hours. Prior to today's decline, the Meme token returned to the top ten in cryptocurrency market value

The price of dog coins has been declining since July 25th, breaking below the level support level on October 9th, but still maintaining a long-term support level.The daily relative intensity index (RSI) shows a bearish trend

Data shows that since June, the trading volume of Dogcoin has decreased by more than 98%, indicating that investors have lost interest in this meme currency.The 7-day trading volume of Dogcoin has decreased to 37300 transactionsAccording to data from the market intelligence platform IntoTheBlock, activity on the DOGE network has indeed slowed down recently

Bitcoin prices have fallen by nearly 5% in the past five days and are currently trading at $26776. On the weekly chart, there is a fierce competition between bulls and bears, while the daily time frame depicts the bullish outlook for Bitcoin, suggesting the possibility of a rapid rebound

From the developments this week, it can be seen that although Bitcoin prices have recouped their October gains, they remain within a narrow range. As of the time of writing, the trading price of Bitcoin was $26798, fluctuating between the resistance level of $28000 and the support level of $26750