So-called wealth and risk go hand in hand, will Bitcoin-Ethereum trend continue to dip or surge? ZEC situation is also forming a key point!

Yesterday's market showed a clear slight downward trend, Bitcoin once broke below the crucial 80,000 level, but then funds entered to support and quickly recovered, enough to show that the 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 investors to grasp, after a volume-less rise followed by a false pullback, ETH has not been able to break below the strong support of 2200, Bitcoin held firm at the key support of 79,000, the daily chart shows Bitcoin at 80,800, and Ethereum at 2080, which 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 the pattern or structure.

A short-term review of ZEC fully meets expectations, the daily chart repeatedly emphasizes that after shorting, support at 540 is bullish, even if it cannot be reached, do not step on the short. The bottom of the range still offers opportunities to enter long positions in line with the trend, with the highest point before the market opening rebounding to around 590.

Looking at Ethereum's trend, it is still clearly weak, the price has fallen back to near the cost zone where this round of market started, the upward gains have been continuously compressed, and many mainstream and altcoins are also showing signs of weakening with profit-taking, increasing market divergence.

On the macro level, the bullish and bearish sentiments are intertwined, market sentiment is cautious, the CPI inflation data to be released tonight will directly influence the market's expectations for the Fed's future rate cuts, combined with high-level meetings between China and the US and other geopolitical events, further increasing market uncertainty. In the short term, market funds are more easily influenced by news, and the fluctuation range is likely to continue to expand. Caution is needed in operations.

Today, Bitcoin is trading around 80,300-80,500, buying in batches, with an upward target of 81,500-82,000. Small rebounds with no volume should be sold quickly.

Ethereum is buying in batches around 2,280, which is also the position that turned short last night. For a rebound, watch for 2,330-2,350. The key level on the daily chart is 2,380 with volume signals; if not broken, do not establish a position! #比特币市占率回升至58.5% $BTC