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Bitcoin hovers within a descending broadening wedge pattern: Bearish sentiment persists, but oversold signals suggest a short-term bounceCurrently, Bitcoin is trapped within a large descending broadening wedge pattern, which typically signals bearish momentum. However, recent oversold signals indicate a possible shift in the near term

Bitcoin Hits New High, $100,000 Target Within Reach? Market BuzzesBitcoin has once again become the focal point of the global financial markets. Data from Huobi Pro, a leading international Bitcoin exchange, shows that the cryptocurrency has breached a significant resistance level, hitting a new all-time high, generating widespread attention and discussion

Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward TrendThis article will provide a recap analysis of the Ethereum (ETH/USDT) 1-hour chart, discussing the overall trend and market structure based on support and resistance levels depicted in the chart. This analysis will provide strategic insights for short-term trading

Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for BreakoutBitcoin is currently undergoing a minor pullback. The supply has not significantly increased from its surge to the previous high, indicating a normal adjustment after a failed attempt to break through resistance

Bitcoin Long-Term Holders Remain Committed: What Investment Opportunities Lie Within Market Fluctuations?Recently, despite heightened market volatility and mounting selling pressure, a new report from Glassnode reveals that Bitcoin long-term holders (LTHs) continue to accumulate, with their holdings reaching historical highs. This unwavering HODL mentality and reduced selling intentions could provide strong support for BTC prices and spark market expectations about future trends

Bitcoin Bears Under Pressure: Institutional Bulls Counterattack, $80,000 Target Within Reach?Bitcoin's price fluctuations have been a hot topic in recent years, and a tug-of-war over its direction is currently underway. As Bitcoin surged past $70,000, bears are facing immense pressure while bulls are charging towards $80,000 or even higher

The cryptocurrency market has experienced a significant rebound since mid October, and the on chain transaction costs of Bitcoin and Ethereum have also sharply increased over the past three weeks. Last week, the average transaction costs also peaked at $15 per transaction and $10

Yesterday, the pancake reached the top line of 38092, with a long intraday strategy and a highly coordinated rise in the market. Although it was not able to enter the market, the currency price is currently stable and fluctuating around 36550

In the early morning, the pancake rose all the way to break through a new high of 36150, then fell all the way down, and is currently fluctuating around 35600. From the perspective of the four hour technical structure, the Bollinger band is in an upward opening state

Something has happened in the past few days, please reply and update today.Yesterday, the white market trend of Bitcoin was relatively slow, and the overall fluctuation was not significant

After being influenced by news in the early morning, the coin price has been rising all the way, reaching a new high near 35730, breaking the fluctuation range. Currently, the coin price is operating around 35600

Yesterday, the overall trend of the pancake was weak and the fluctuation was not significant. At the beginning of the trading session, it began to fluctuate and decline all the way, reaching a low of 34020, but did not effectively break below the support below