After several days of observation, yesterday's volume test seems to have reached a sufficient level, and the price has also touched the expected retracement position. With the fundamentals remaining unchanged and no obvious reversal signals shown on the technical side, selling pressure is not expected to increase significantly. Therefore, a slight increase in Trading Volume is in line with expectations.



Bitcoin is consolidating around $120,000, which actually suggests that the upward trend may continue. From a medium-term perspective, maintaining a bullish strategy remains a reasonable choice. For day traders, once there is a Trading Volume breakout, it would be wise to consider entering decisively.

However, Ethereum's performance is somewhat disappointing. Its price movement is slow, seemingly trapped in a situation where it only moves in without any exit. If Bitcoin cannot break through the current resistance, shorting Ethereum may be a strategy worth considering.

Overall, the current cryptocurrency market shows a differentiated trend, and investors need to closely monitor the individual performance of various mainstream coins and flexibly adjust their trading strategies.
BTC-1.53%
ETH-3.49%
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GweiObservervip
· 19h ago
ETH is really locked up and can't run.
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QuorumVotervip
· 19h ago
Who is still bearish on ETH?
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ForumMiningMastervip
· 19h ago
BTC has gone to the moon, when will ETH rise?
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quiet_lurkervip
· 19h ago
Eh, ETH is slow this time.
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DAOTruantvip
· 19h ago
Just do more and it's done.
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LiquidityHuntervip
· 19h ago
I've been staring at the DEX Depth for 30 minutes, I'm going crazy, the eth/btc ratio is abnormal.
View OriginalReply0
ChainChefvip
· 19h ago
mmm eth looking like an undercooked steak rn... needs more heat to simmer properly
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