In recent days, the market has been fluctuating. Bitcoin has already broken through the 97,000 mark, and Ethereum is closely following, approaching 3,400. Interestingly, last night the US stock market experienced a pullback, but the crypto market's performance was quite independent—no follow-through on the decline.



From a sentiment perspective, the Fear and Greed Index surged to 60, which is a rare level of greed seen in several months. Market participation has clearly increased, and popularity is also rising. However, from a technical standpoint, the current major trend is in a small-scale oscillation phase, with short-term attempts to test levels repeatedly, and no particularly clear trend has formed.

In this situation, patience is needed to see whether the market can break through key levels to form a stronger trend, or if it is just a rebound followed by a decline. The market rhythm is shifting, and the mindset needs to keep up.
BTC-0,2%
ETH-0,56%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)