The market is discussing whether Bitcoin will close below $94000 this Sunday, or whether Ethereum will close below $3000. Investors are paying attention to the price trends of the two major cryptocurrencies. (CoinDesk)
Analysts highlighted retail distress, rare social-dominance surges and warnings of a possible deeper pullback as several major tokens remained under pressure.
Binance ETH/USDT prices hit a nearly 3-month low, now trading at $3056.77, a decrease of 4.87% in 24 hours, with a turnover of $1.273 billion.
After the price reaches a new low, there is a high probability of a price rebound. (AiCoin Research Institute)