Today's Market Analysis in the Cryptocurrency Circle 🧧🧧🧧🧧🧧🧧
Today, the cryptocurrency market is filled with a complex sentiment of 'hope brewing amidst pessimism.' Bitcoin is currently fluctuating around the $67,000 mark after a spike and pullback yesterday. Although the price is weak, rare signals have emerged from the data: Matrixport reports that market fear has dropped to a four-year low, and this extreme pessimism often foreshadows the exhaustion of selling power, potentially indicating a turning point for the market.
Compared to Bitcoin, Ethereum's situation is even more challenging. On-chain data shows that various Ethereum 'whales' are currently overall in a state of unrealized losses. Although this increases the potential for sell-off risks, analysts also point out that similar pressured phases in historical experiences often accompany the formation of mid-term bottoms. The market at this moment is waiting for a breakthrough in direction under such extreme sentiment.#ETH走势分析 #BTC走势分析