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The rise of Bitcoin continues to stagnate around $34000, as the closing price is mainly slightly lower than that of the region for two consecutive days.Bitcoin and Shanzhai CoinAs of the time of writing, the price of Bitcoin is slightly below $34000

Highlights of this issue:1. Wall Street financial advisors are waiting for ETF approval2

Ethereum has sent an important reversal signal that you should not ignoreEthereum not only stands out as a platform, but also as an asset with significant price dynamics. By analyzing Kraken's Ethereum/USDT daily chart, there is a brewing pattern that may bring a glimmer of hope to ETH enthusiasts: it may form a "higher low point" pattern

It has been proven that mining companies and other companies related to Bitcoin are better than real Bitcoin.Although the value of Bitcoin has almost doubled since the beginning of this year, one of its close neighbors in the investment field has proven to be a more profitable buyer: mining companies

As capital inflows rebounded in early October, the price of Bitcoin climbed to a six week high; Bitcoin typically shows an upward trend in October.Smaller Ethereum, Litecoin, and Solana also showed an upward trend

$30000 is an important psychological area that may determine success or failure in Bitcoin's pursuit of sustained growth.In order for Bitcoin to break through the resistance level around $30000, the trading volume near the previous buy pressure needs to be higher

$30000, as an important psychological area, can be proven to be driving or marking Bitcoin's pursuit of sustained upward movement.Bitcoin needs to break through the resistance level of around $30000, and the trading volume surrounding previous purchasing pressures needs to be higher

To break through the resistance level of $30000 near the price of Bitcoin, more trading volume support is needed.The increase in Bitcoin accumulation may be accompanied by an increase in volatility# BTC#With the breakthrough of the $29000 mark, market sentiment is once again optimistic, and many people firmly believe that whether BTC can surpass $30000 is only a matter of time, not whether it will be achieved

After breaking through $29000, optimism in the market began to rise again, and many people believe that whether Bitcoin [BTC] can break through $30000 is only a matter of time, not whether it will occur.Bitcoin is in a critical positionAlthough 73% of Bitcoin holders are currently in a profitable state, the blockchain insight platform points out that there may be resistance due to the accumulation of over 1

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Due to the long-term outlook, a large portion of cryptocurrency investors are investing in Ethereum. However, even historic measures like PoS are not enough to revive prices

IntoTheBlock stated that as speculative activities disappear and users migrate to Layer 2, the cost revenue of Ethereum networks has dropped to its lowest level since April 2020.October 14, 2023 2:24 amUpdated on October 14, 2023 at 2:27 amEthereum network fees (IntoTheBlock)Cryptographic data analysis company IntoTheBlock stated in a report that Ethereum may enter a new system dominated by low network income generated by fees, testing its deflationary supply narrative for its native token Ethereum (ETH)