$BTC $ETH



BTC's market today is a bit exciting. On the news front, on one side ETF funds are still supporting, on the other side the pressure from Strategy selling BTC is repeatedly brought up by the market, sentiment is fully charged 😤

On Gate spot, $BTC is now 63,034.8, 24H +1.64%, 24H high/low 63,276.4 / 61,546.6, trading volume about 596 million USDT. In simple terms, the price was pulled back from around 61.5k, but hasn't broken through around 63.3k in one go. Funds are working, but selling pressure hasn't completely disappeared.

$ETH is also recovering, current price 1,758.19, 24H +1.49%, trading volume about 258 million USDT. In the recent 30 days, BTC climbed from around 58,000-59k back to around 63k. This position is most prone to major divergence: if ETF continues to pour in money, the market will think 'is it time to front-run again'; if 61.5k is broken again, it means the market is not fully convinced yet.

I'm now more focused on whether BTC can hold above 63.3k. If it holds, it feels like the main narrative can continue. Do you think this wave is truly supported by ETF funds, or is the landmine of Strategy's selling pressure not yet cleared?👀

#BTC #ETH #比特币ETF #GateSquare #CryptoNews
BTC0.78%
ETH0.22%
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StakingDaydreamer
· 29m ago
ETH's recovery is mediocre. Funds still prioritize protecting BTC. Only when the big brother stands firm will the little brother dare to follow. Continue to watch the 61.5k defense line and make sure it doesn't break.
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NightAuditBuddy
· 1h ago
The 63.3k level is indeed critical. If it can't hold steady, it's a false breakout. If it holds steady, then look at 6.5.
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