Bullish in the evening

Mu Feng looks at the trend: 2.3 BTC/ETH evening market analysis and trading suggestions.

Investment is about knowing people: seek founders who remain untainted by the mud, who move forward with faith and resilience in turmoil, and are worthy of cherishing and following.

What does Bitcoin's drop from 98,000 to 74,000 really mean?

Yueying: Analysis of the market trends for 2.3 Bitcoin and Ethereum today. Can the key bottom-buying zone for Bitcoin hold? Will it return above 80,000?

You can follow the official account Gu Jingci, which focuses on guidance and layout for mainstream coins.

The rebound is not a reversal, be cautious of the bait for more, continue to short and make money during the day!

Analyst Chen Shu: The 2.3 Bitcoin and Ethereum strategy from yesterday was profitable, focusing on the continuation of the rebound strength.

2.3 Binance Bitcoin bought 100M spot during the day, spot gold and silver opened lower in the morning and then entered a period of fluctuation.

Bitcoin rebounds to 80,000 under pressure, Ethereum bounces back to 2,400 but faces resistance, is there insufficient momentum for further decline?

You can follow the public account Gu Jingci, which focuses on guidance and layout for mainstream coins.

The technical aspect of Bitcoin shows a bearish arrangement, with weak short-term rebounds and an unchanged downward trend in the medium to long term. Market sentiment is extremely fearful, but institutions like Binance are starting to buy on the left side. Overall, the market is in a bottom-seeking phase.

Today, the global cryptocurrency market capitalization continues to shrink to about $2.8 trillion, with this round of market fluctuations starting from early Sunday morning. Bitcoin was the first to plunge, with its price breaking through support levels all the way down today.