Last week, BTC fell from $80341 to $76842, with a weekly decline of about 4.4%, reaching a low of $76046 for the week.
Starting from the new week, BTC is temporarily trading at around $76756, once again approaching last week's low. Previously, the price quickly rebounded from $76046 to $79890, but failed to stabilize at $80000 before falling back to the lower edge of the range.
This week, let's take a look at three short-term prices:
$76046: Last week's low, which is also the latest support level at present
$78000: Short term pressure is expected to ease after price recovery
$80000: Despite multiple setbacks last week, it remains a confirmed position for the trend to strengthen
ETH fell from $2514 to $2477 last week, with a weekly decline of about 1.5%, performing relatively stronger than BTC; But the amplitude reached 10.8% within the week, and the short-term fluctuations are still significant.
Currently, BTC is less than 1% away from $76046. If the position is taken over again, the market may continue to fluctuate within the range of $76000-80000; If the volume falls below, the support structure formed last week will be weakened.
This week, there is also the US crypto regulatory agenda and major central bank interest rate decisions. On Monday, pay attention to the trading volume and fund changes around $76046, and continue to track whether key price levels are triggered on AiCoin.
Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.
