Crypto 360°

Bitcoin is ardently attempting to hold above $10,000, as this crucial psychological support level has been broken and reclaimed on multiple occasions throughout the past several hours.

Earlier today, the cryptocurrency showed some significant signs of weakness as it pushed below this level, with bears sending it as low as $9,900 before it saw a sharp rebound that led it all the way up to $10,100.

It has been facing some resistance here, however, with bulls struggling to garner any clear upwards momentum as heightened selling pressure persists.

BTC: The current price is around US$10,370, and the 24-hour purchase capital is US$26.9 million.

Technically, BTC tried to test its support level again last night, but it was quickly recovered. The support level above $9,750 was confirmed again. With a short-term three-bottom mentality, the rebound is expected to continue.

ETH: Yesterday to today, it continues to fluctuate at the bottom. The current price is around 350 US dollars, and the 24-hour buying funds reached 594 million US dollars.

Technically, ETH once again hit the bottom with a single needle, but the support position above 320 USD is strong, and the willingness of long funds to take over is strong. The 4-hour trend has a double bottom. It is expected to continue to rise in the day. It is expected to reach near 380 USD in the short term, but it is only suitable for short-term operations. .

Bitcoin enthusiasts investment quotes:

The most important point of empathy is that you really understand what you invest in?

To really understand, you must first get rid of your own inherent thinking, and then stand in the thinking of the market value side management team to think about the problem.

You will find that many problems cannot be figured out, but in fact, it is right to figure out, because inherent thinking is difficult to change.

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source https://www.reddit.com/r/btc/comments/iomhyq/is_the_bull_market_still_there/