The cryptocurrency market showed a slight downward trend today. Bitcoin maintained a small decline throughout the day, with a fluctuation range of only about 1%; Ethereum experienced slightly larger fluctuations, around 2%. It is worth noting that while mainstream coins have limited declines, many small-cap projects are under greater downward pressure.
Current market sentiment is cautious, with insufficient rebound momentum in the evening. In the short term, it may continue to consolidate or slowly decline. The main factor causing this round of adjustment is the uncertainty of geopolitical conflicts, which has led to a temporary wait-and-see attitude among bullish funds.
Despite short-term pressures, the market fundamentals remain positively biased in the medium to long term. Investors can view these pullbacks as potential opportunities to build positions, staying rational and selectively acquiring quality assets based on their investment strategies.
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Evening Market Overview:
The cryptocurrency market showed a slight downward trend today. Bitcoin maintained a small decline throughout the day, with a fluctuation range of only about 1%; Ethereum experienced slightly larger fluctuations, around 2%. It is worth noting that while mainstream coins have limited declines, many small-cap projects are under greater downward pressure.
Current market sentiment is cautious, with insufficient rebound momentum in the evening. In the short term, it may continue to consolidate or slowly decline. The main factor causing this round of adjustment is the uncertainty of geopolitical conflicts, which has led to a temporary wait-and-see attitude among bullish funds.
Despite short-term pressures, the market fundamentals remain positively biased in the medium to long term. Investors can view these pullbacks as potential opportunities to build positions, staying rational and selectively acquiring quality assets based on their investment strategies.
Key price levels for major cryptocurrencies:
Bitcoin ( BTC ):
- Upper resistance: 106,000, 107,000, 108,200
- Support levels: 104,600, 103,800, 103,000
Ethereum ( ETH ):
- Resistance above: 2,580, 2,610, 2,640
- Support levels: 2,520, 2,490, 2,465
SOL:
- Upper resistance: 148, 150, 153
- Support levels: 144, 142, 139
Short-term advice to pay attention to whether BTC can hold the support at 103,800. If it breaks below, it may further test the 103,000 area.