Bitcoin remains quiet over the weekend, with prices repeatedly testing the support around 9000. Looking at recent capital flows, the probability of Bitcoin breaking into a strong trending move is low; the overall trend should be viewed as oscillatory.
In the short term, Bitcoin is in a consolidation phase, and the key is whether the 9000 level can hold. Today’s market outlook is leaning towards a slightly weaker oscillation.
Bitcoin: 8980-9030 range, with an upside target of 9200-9300, and a support at 8950 below. Ethereum: 3020-3050 range, with an upside target of 3100-3150, and a support at 3000 below.
Recent volatility has not been large; ensure proper risk management before participating.
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#密码资产动态追踪 1.11 Midday Quick Market Overview
Bitcoin remains quiet over the weekend, with prices repeatedly testing the support around 9000. Looking at recent capital flows, the probability of Bitcoin breaking into a strong trending move is low; the overall trend should be viewed as oscillatory.
In the short term, Bitcoin is in a consolidation phase, and the key is whether the 9000 level can hold. Today’s market outlook is leaning towards a slightly weaker oscillation.
Bitcoin: 8980-9030 range, with an upside target of 9200-9300, and a support at 8950 below.
Ethereum: 3020-3050 range, with an upside target of 3100-3150, and a support at 3000 below.
Recent volatility has not been large; ensure proper risk management before participating.