The so-called pursuit of wealth and risk, will Bitcoin - Ethereum trend continue to dip or surge higher? The ZEC situation is also a key factor!



Yesterday's market showed a clear slight downward trend, with Bitcoin briefly breaking below the critical 80,000 level, but then funds quickly entered to support and recover, indicating that the buying support below remains solid.

This also explains the direct shift in the European and American markets yesterday; the range of the market is indeed difficult for retail traders to grasp. After a volume-less rally, a false pullback occurred. ETH has not been able to break below the strong support at 2200, Bitcoin held firm at the critical support of 79,000, and the daily chart shows Bitcoin at 80,800, while Ethereum at 2080 also must be shorted. The trend emphasizes that the current market does not have a so-called one-sided pattern or range-bound consolidation, and there is no need to discuss any pattern or structure.

The short-term review of ZEC fully meets expectations; the daily chart repeatedly emphasizes that after shorting, the support at 540 is bullish. Even if it cannot hold, do not step on the short. The bottom of the range still offers opportunities to enter long positions in line with the trend, with a rebound up to the 590 area before the market opens.

In contrast, Ethereum's trend remains clearly weak; the price has fallen back to near the cost range where this round of market movement started. The previous upward gains have been increasingly compressed, and many mainstream and altcoins are also showing signs of profit-taking and weakening, with overall market divergence intensifying.

On the macro level, bullish and bearish sentiments are intertwined, and market sentiment is cautious. The upcoming CPI inflation data tonight will directly influence the market's expectations for the Federal Reserve's future rate cuts. Coupled with high-level meetings between China and the US and other geopolitical events, this further increases market uncertainty. In the short term, market funds are more easily influenced by news, and the volatility of market fluctuations is likely to continue to expand. Caution is advised in trading.

Today, Bitcoin is gradually accumulating around 80,300-80,500, with an upward target of 81,500-82,000. For smaller rebounds with no volume, exit promptly.

Ethereum is accumulating in the 2280 area, having shifted from a short position last night. A rebound to 2330-2350 is expected, with the key daily level at 2380, waiting for volume signals. Breakthroughs are necessary to establish the trend. #比特币市占率回升至58.5% $BTC
BTC-1.28%
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