The trend direction of the entire market mentioned earlier this morning has almost been in line with our expectations. Bitcoin has once again approached the key resistance level around 71000. Whether it can hold this level is crucial for reaching our next target of 76000, and it is also key to breaking out of this wide-ranging volatile market.

The trend of Ethereum is slightly weaker than Bitcoin, which is also within our expectations. The resistance is around 2100. Since Bitcoin has reached the resistance point, if it can stabilize, Ethereum still has the potential to rally and touch the 2100 level.

In the overall market, which is showing a trend of fluctuating decline, there are not many opportunities for altcoins. Before this wide-ranging volatile market breaks out, it is still necessary to maintain a state of observation with little action, patiently waiting for opportunities.

$ETH

#BTC走势分析
#ETH trend analysis