Live updates: Bitcoin tumbles from near $84,000 ahead of U.S. inflation data
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A brief run at $84,000 faded within the hour as tech stocks stalled and the chip selloff rolled on. Traders are waiting on the September CPI print.
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A brief run at $84,000 faded within the hour as tech stocks stalled and the chip selloff rolled on. Traders are waiting on the September CPI print.
Click on the link to enter the meeting: https://meeting.tencent.com/dm/uUQu2Nwsv3Nt Hello everyone, I am Teacher A Niu. Brothers, I will start broadcasting on time at 8 o'clock tonight. Overnight, 170000 people sold out! Bitcoin surged above $84000, and Aicion statistics show that the cryptocurrency market has seen a significant increase! BT C drive surged to $84000! Under the rapid rise of the market, a large number of long positions have been wiped out, with over 170900 people selling out in the past 24 hours! How should we deal with such a volatile market situation? Many friends look at the market and feel that an opportunity has come when they see a rapid rise. After rushing in, they immediately encounter a rise and fall, and are trapped in the high point. Today, Teacher Aniu will guide you to understand when funds are really attacking and when they are tempting to sell more. How to quickly distinguish between a real breakthrough or a bullish trend in the same wave of market rally? Let's take a look at the trend of ETH today. After surging to around 2527, it did not continue to break through the new high and went through a wave of decline. Then it took over at 2490 and emerged from a structure of repeated oscillations. Recently, these candlesticks have been very clear, and the long short game is quite intense: after the bullish candlestick is pulled up, it is quickly recovered by the bearish candlestick, which belongs to a volatile and grinding market, without a clear unilateral trend. From the perspective of trading volume, the volume during the oscillation phase tends to shrink compared to the previous periods of high and sudden drops. This structure is generally in a state of accumulation, waiting for direction selection. The short-term pressure above is in the range of 2515-2527, which is the previous high point position. Only by re establishing this range can bulls regain the initiative; The support below first looks at the 2490 line. If this support is breached, the market is likely to continue testing deeper lows. Looking at the trend of BTC, today's market started a round of upward movement from the low point around 82956, reaching a high point of 83960, creating the peak of this round of rebound. After that, it directly closed with a large bearish candlestick and retreated, which belongs to a typical upward and downward trend. Let's first take a look at the structure: the previous continuous bullish trend pushed up, and the bullish power quickly dissipated at the high point. The bearish funds directly entered the market, swallowing up most of the gains, and now closed in the middle range of oscillation. Short term key positions are easy to find: the upper pressure is the high point of the 83960 line just now. This is the strong pressure of this rebound. If you want to go long again in the future, you must re establish this position and break through with volume; Bottom support, first look at the rising platform of this bearish candlestick, which is the range of 83200-83000. This position is the intermediate support for this round of rise. Once it falls below this range, the rebound structure of this round will be destroyed, and the market will continue to hit the low point below. 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.
Binance ASTER/USDT's perpetual trading volume surged 31 times within 10 minutes, with a turnover of 36.23 million US dollars in the past 24 hours, an increase of 1.61% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world
Sam Bankman Fried is seeking a review by the Supreme Court of his fraud conviction and $11 billion confiscation order. If the Supreme Court agrees to hear the case, a ruling could be made as early as June 2027.
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