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On-ChainDetectiveBrotherBin

$BTC Bitcoin maintained a low-level consolidation and recovery trend overall in the early morning. The price rebounded to around 59264 before facing pressure and pulling back. On the news front, the market continues to focus on this week's US non-farm payroll data, the Federal Reserve's interest rate cut expectations, and the flow of spot ETF funds. Although there is a lack of major positive catalysts in the short term, ETF funds have maintained a net inflow overall, providing some support to the market. From a technical perspective, the support near 58000 for Bitcoin remains significant.#Sharplink增持1万枚ETH

BTC-0.82%
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CyberBridgeDeepPerspective
· 1h ago
It’s kind of interesting that Sharplink adds to its ETH position right now—are they thinking altcoins will catch up, or are they just bottom fishing? As for BTC, it’s basically just ranging and not really doing anything big.
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BridgeHopRanger
· 2h ago
The resistance level of 59264 in the early morning is quite critical. It has been repeatedly tested but cannot break through. It feels like the bulls are a bit weak.
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DustyLedgerKid
· 3h ago
58000 held up, ETFs are still buying buying buying, short-term is a bottoming process, wait for the non-farm payroll data to come out before looking at direction.
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