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Bitcoin(BTC) has hit a new lifeline after recently falling and testing support at $25000. Despite the market being in a state of turmoil due to a lack of high liquidity, this hit on the main support level challenged investors' 'wait-and-see attitude, causing prices to rise above $26400, forcing some to shift towards the largest cryptocurrency

Although the trading volume continues to grow, Dogcoin (DOGE) is still heavily suppressed.According to the latest on chain data indicators, DOGE no longer seems to be the darling of market whales

The price trend has fallen below the support level of $1603.At present, ETH is continuing to decline towards the support level of $1562

October started well, but we haven't seen a price performance that meets expectations yet. On the other hand, Bitcoin may also initiate a major movement as it has been stuck in a narrow range for a long time

The price of Bitcoin has been influenced by various factors, including the global economic situation, policy adjustments, technological development, and market sentiment.Although the price trend of Bitcoin has always been fluctuating and unstable, from a historical perspective, it has also shown a certain degree of periodicity

Bitcoin has recently shown a strong upward trend, repeatedly attempting to break through the resistance range between 28000 and 28500. Compared to this, Ethereum's performance is relatively weak, with only one attempt to break through the resistance level of 1750

CryptoQuant analysts pointed out that in order to gradually eliminate the current sluggish sentiment in the BTC market, its price must soar above the actual price of its short-term holders.As of the time of publication, Bitcoin is "trapped" between short-term and long-term realized prices

Bitcoin prices have attempted to rise again above the resistance level of $26500. However, BTC was unable to settle above $26700 and responded to the downward trend

On Friday (September 8th), the price of Bitcoin (BTC) remained stable, and after some fluctuations at the end of August, the market seems to have entered a consolidation state.At present, the Bitcoin market lacks clear directional trends, but there is still a large amount of trading activity

Despite the continuous increase in trading volume, Dog Coin (DOGE) is still subject to strong inhibitory forces.According to the latest on chain data indicators, DOGE seems to be no longer the focus of market whales

NYDIG stated that due to increasing concerns about economic recession and rising interest rates, BTC's performance in the third quarter was not surprising. But like previous cycles, the potential for halving remains strong

According to on chain data, the Ethereum Foundation sold 1700ETH to Uniswapdex earlier today for a transaction amount of 273800USDC. The average price of ETH sold this time is slightly lower than the current market price, with each ETH priced at $1611