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After a short-term surge in the Asian session, the Ethereum European market closed at $1853 in the morning, with a clear bullish signal on the technical side. After the upgrade of Shanghai, the large outflow of funds that investors were concerned about did not actually occur

The Bitcoin market traded within an extremely narrow price range this week, while on chain trading volume was very light, hovering near cyclical lows. At the same time, a large amount of token supply is still stuck in investors' wallets, and the supply of several key age groups has reached historic highs

Since the launch of pledge withdrawals on April 12th, the Ethereum (ETH) beacon chain has seen a significant inflow of funds, with over $7.7 billion worth of Ethereum deposited in contracts

The decrease and compression in trading volume on the Ethereum price chart indicate a calm weekend, and Monday's swing point may be importantThe market structure is bearish, but there is still a lack of volatility.The recent price trend of Ethereum is constrained by a resistance level of $1880 and a support level of $1750

Trading within the price range of $26000, some speculate whether the price of Bitcoin has bottomed out.The price of BTC has re-entered the $26000 range

21st Century Economic Reporter Hu Tianjiao reports from BeijingBitcoin has once again tested its bottom support line, continuously erasing the long-term gains of its holders.On June 18th Beijing time, Bitcoin fell below the critical threshold of $20000 for the first time since December 2020

Treasury Secretary Janet Yellen has warned that the United States may break its debt ceiling before June 1st, and a default could trigger an economic recession.BTCAccording to CoinDesk data, the largest cryptocurrency by market value has recently traded at $26950, a decrease of approximately 1

Reporter: Bi Luming Editor: Hu LingBitcoin, which has been continuously on the rise, is showing some signs of fatigue today.According to data from Sina Finance, on February 22nd at 17:40, Bitcoin fell below $55000 per coin, hitting a daily low

Mark Lamb, CEO of CoinFlex, a cryptocurrency exchange, stated on Wednesday that CoinFlex may not be able to resume customer withdrawals as originally planned on Thursday.On the same day, Lamb stated in an interview with the media:We need more time

The strengthening of the US dollar not only causes non US currencies to continue to decline, but also makes it difficult for the digital currency market to escape the disaster of a pond fish.On Wednesday, September 7th, Bitcoin plummeted by over 5% at one point, and although it regained its lost ground and slightly rebounded, it remained below the $19000 mark

Bitcoin successfully pulled back after falling below $26000 over the weekend, reaching a maximum challenge of $27200. However, it continued to decline and failed to stabilize at $27000

In the past 24 hours, the market value of cryptocurrencies has been approximately $30 billion, currently $1.10 trillion, a decrease of 2