Wall Street community live broadcast: Box continues to fluctuate, is the market still far away? Follow the live stream to bring you in
Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 The overall cryptocurrency market experienced a slight decline, with the total market value dropping from approximately $2.98 trillion to $2.94 trillion, a decrease of approximately 1.09%. The price of Bitcoin (BTC) fluctuated around $87000-87500, with a 24-hour drop of about 1.67% and a slight decrease in dominance to 59.36%. The market liquidity is relatively thin, and due to the impact of holidays and selling pressure from tax losses, there is a lack of strong rebound. 1: Market performance: Bitcoin's rebound is weak, XRP has fallen to around $1.86, and overall cryptocurrency trading volume has decreased. Precious metals hit a record high, while cryptocurrency assets are relatively lagging behind. Institutional News: Visa officially announced that cryptocurrency has become "mainstream" by 2025, with stablecoins and AI payments leading the trend. The Federal Reserve injected $2.5 billion in liquidity, which is seen as a potential positive for Bitcoin, but did not boost prices in the short term. The Bitcoin spot ETF had a net outflow of approximately $500 million this week, and after a full year inflow of $4.67 billion, it has recently turned negative. 2: Regulation and Policy: The potential clarity of cryptocurrency regulation in the United States is seen as a positive factor for assets such as XRP. Experts predict that if the bill is passed, XRP may experience a major rebound. The overall news is neutral and cautious, with low holiday liquidity amplifying fluctuations. 3: BTC trend judgment: Short term volatile upward trend, but high risk. If it remains above $85200, support long positions; If the option expires and triggers a sell-off, it may test lower support. In the mid-term (until the end of the year), if it breaks through $90000, it can be seen as $93300; Otherwise, it may fall back to the $80000 range. ETH trend judgment: Short term rebound and upward trend, the bottoming process may be completed. If it remains above $2900, I am optimistic about reaching $3080-3150. Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
