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#BTC $BTC Bitcoin is a decentralized virtual cryptocurrency that does not rely on specific currency institutions for issuance, but is generated based on specific algorithms through extensive calculations (i.e., 'mining'). Its total supply is permanently limited to 21 million and can be circulated and traded globally in a peer-to-peer manner #BTC走势分析
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#BTC The grayscale research indicates that $BTC Bitcoin's recent price trend is decoupled from safe-haven assets like gold, and instead is highly correlated with high-risk growth assets such as software stocks #Bitcoin谷歌搜索量暴升 #BTC trend analysis
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Support Level Analysis Key support levels include the psychological level of 2,000 and recent lows, (1,950-1,900 strong support zone) and deeper support at 1,800. If it falls below 2,023 USD, it may test the bottom at 1,951 or 1,789 again.
Resistance Level Analysis Short-term resistance is at 2,100-2,197, with upper resistance at 2,350-2,581. If it breaks through 2,350 USD, it could challenge 2500-2800.
Long and short positions revolve around these ranges; market expectations are always unpredictable. As the year-end approaches, manage your positions well, enforce strict stop-losses, and wait for opportunities to act. #加密市场反弹
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Bitcoin and Ethereum Weekend Analysis: High Volatility Continues, Market Sentiment Remains Cautious
This weekend, the cryptocurrency market continued its recent high volatility trends. Bitcoin (BTC) price, after successfully breaking through and stabilizing at the $70,000 integer level, is currently oscillating mainly between $69,000 and $70,500. Although bulls are attempting to launch an offensive, there is clearly pressure from previous high points and profit-taking sell orders from some large whales. Ethereum (ETH) followed the market trend and after breaking above the $2,100 level, it fell into consolidation. Currently, its price fluctuates narrowly between $2,060 and $2,150, striving to seek a new breakout direction.
$BTC is likely to experience a dramatic surge followed by a pullback, with a tight and intense battle between bulls and bears throughout the day. The market's volatility is likely to exceed most people's expectations.
In the early morning phase, driven by short-term capital and technical rebound demand, BTC is likely to make a rapid surge. Bulls will test key resistance levels with market sentiment, and short-term buying funds will follow, showing a strong upward trend, seemingly signaling the beginning of a unilateral rise. However, this surge is more like a trap for bulls, as the trapped positions and profit-taking will emerge simultaneously, and bears will concentrate their defenses at key positions, leading to a rapid depletion of upward momentum. #美国核心CPI创四年新低
Entering the afternoon and evening, the market will officially enter the main rhythm of surge and pullback. Prices will quickly turn downward after reaching the resistance zone, with significant and rapid pullback, intensifying the bull-bear game. The liquidation effect of leveraged funds will further amplify volatility, creating a roller coaster pattern of sharp rises and falls, with support levels being repeatedly tested, weak rebounds, and rapid declines becoming the norm. #加密市场反弹
Overall, BTC does not have the conditions for sustained unilateral rises tomorrow; the core trend will be characterized by surging to lure bulls, encountering resistance and pulling back, and wide fluctuations. For traders, blindly chasing highs carries a high risk; it is essential to strictly control positions and maintain stop-losses, focusing on stability in a highly volatile market to avoid being washed out by rapid market movements. #X平台将可交易加密资产 $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT)
$ETH hexagram says: "There is marsh on the mountain, Xian. A gentleman uses emptiness to receive people." There is marsh on the mountain, water moistens the base of the mountain, and the response is connected, which is the "Xian" hexagram, symbolizing response, communication, and harmony. About the "Xian" hexagram: This hexagram corresponds to the current long-short response and balance of ETH at a critical position. The price has been oscillating between 1900 - 2100 for several days, forming a "box" or "descending triangle." The rebound was unable to break through 2100 and ultimately fell below 1900 with increased volume, starting a new round of decline, targeting 1736-1600#美国众议院终止特朗普加拿大关税 .