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The trend of the BTC market has always been closely watched, with some people optimistic about the M top and others optimistic about the W top. So, who is more likely to become a reality? Before that, let's take a look at the short-term trends of some popular currencies in the current market

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

The flagship cryptocurrency Bitcoin shows some signs of resilience. After the recent sharp drop in prices, BTC has successfully rebounded from the bottom, currently trading at $26919, with a slight increase of 0

It is reported that the US Securities and Exchange Commission (SEC) has decided not to appeal the recent court ruling, which overturns the decision to prevent crypto asset management company Grayscale from converting its Bitcoin into an Exchange Traded Fund (ETF). According to reports, Bitcoin (BTC) prices briefly rose to over $27000 on Friday

The annualized financing interest rate in the Bitcoin market continues to rise, with a surge in open positions and a growing interest in Bitcoin Whales, indicating that traders' behavior is constantly changing.The annualized financing interest rate of Bitcoin has reached a two-month high, affecting trading activity and volatility

The first week of October is challenging for Ethereum (ETH) as the price of this major cryptocurrency has dropped from $1765 to $1520. The price drop reached 10

Bitcoin (BTC) prices briefly rebounded above $27000 on Friday, following reports that the US Securities and Exchange Commission (SEC) will not appeal a recent court ruling that overturned its decision to prevent crypto asset management company Grayscale from converting its Bitcoin trust into an exchange traded fund (ETF).According to Reuters, the SEC was supposed to appeal this legal loss before midnight on Friday, but ultimately decided not to appeal

The flagship cryptocurrency Bitcoin seems to show signs of resilience. After the recent sharp drop in prices, BTC has successfully rebounded from the bottom, trading at $26919 today, with a slight increase of 0

Ethereum (ETH) prices fell 10% in less than two weeks after failing to break through the psychological level of $1700. Despite the downward trend in prices, due to bullish divergence, the decline of ETH may be limited and is expected to rise by 5% to $1600

Renowned market investor and legendary figure Paul Tudor Jones expressed his view in a recent interview with CNBC that the escalation of tensions between Israel and Hamas may trigger a risk aversion, which in turn will drive up investments such as gold and Bitcoin. He also pointed out that due to the impact of this situation, there has not been a clear upward trend in the stock market

Bitcoin's current trading price is $26730, with a slight increase in the past 24 hours and a market value of $521.58 billion

For Bitcoin, this has been a quite pessimistic week, as the cryptocurrency has fallen by about 3% since the beginning of this week. Especially the price trend has made it difficult for Bitcoin to break through $27000, indicating the potential risk of further losses falling below this resistance level in the short term