Here is tonight's latest market analysis for Bitcoin and Ethereum:
Current price approximately $89,000 USD, approximately $2,985 USD
Bitcoin key support $87,800–$88,000 USD, Ethereum $2,920–$2,950 USD Key resistance $90,000–$91,000 USD, Ethereum $3,000–$3,050 USD Cycle trend: Weak oscillation, testing support. If support is lost at $3,000 USD, bias remains bearish.
Reasons for decline: Geopolitical tensions (Trump's tariffs threat on Europe and Greenland sovereignty issues) triggered global risk aversion, leading to collective setbacks in risk assets. Market impact: Over $1 billion USD in total contract liquidations within 24 hours, with over 90% long positions. Operational advice: For Bitcoin, focus on the $88,000 USD support level; if broken, it may drop to $85,400 USD. For Ethereum, maintain a bearish outlook until it stabilizes above $3,000 USD, watch out for further downside risks.
The current market is dominated by risk aversion sentiment, with short-term technicals leaning bearish. Investors should closely monitor events like Trump's speech tonight that could trigger volatility, and strictly control risks. #Gate每10分钟送1克黄金 $BTC $ETH
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Here is tonight's latest market analysis for Bitcoin and Ethereum:
Current price approximately $89,000 USD, approximately $2,985 USD
Bitcoin key support $87,800–$88,000 USD, Ethereum $2,920–$2,950 USD
Key resistance $90,000–$91,000 USD, Ethereum $3,000–$3,050 USD
Cycle trend: Weak oscillation, testing support. If support is lost at $3,000 USD, bias remains bearish.
Reasons for decline: Geopolitical tensions (Trump's tariffs threat on Europe and Greenland sovereignty issues) triggered global risk aversion, leading to collective setbacks in risk assets.
Market impact: Over $1 billion USD in total contract liquidations within 24 hours, with over 90% long positions.
Operational advice: For Bitcoin, focus on the $88,000 USD support level; if broken, it may drop to $85,400 USD. For Ethereum, maintain a bearish outlook until it stabilizes above $3,000 USD, watch out for further downside risks.
The current market is dominated by risk aversion sentiment, with short-term technicals leaning bearish. Investors should closely monitor events like Trump's speech tonight that could trigger volatility, and strictly control risks. #Gate每10分钟送1克黄金 $BTC $ETH