Express
BiyaPay Analyst: BTC, ETH Show Weak Rebound, Altcoins Offer Short-term Trading Opportunities
Summary: According to BiyaPay, Bitcoin has rebounded slightly to $113,000, but trading volume has not increased significantly, and it may continue to fluctuate between $107,000 and $113,500 in the short term; Ethereum is under pressure due to BlackRock's sale of 72,000 ETH, with key support levels at $4,105-$3,892. In the past 24 hours, nearly 200,000 global ...
According to BiyaPay, Bitcoin has rebounded slightly to $113,000, but trading volume has not increased significantly, and it may continue to fluctuate between $107,000 and $113,500 in the short term; Ethereum is under pressure due to BlackRock's sale of 72,000 ETH, with key support levels at $4,105-$3,892. In the past 24 hours, nearly 200,000 global liquidations have occurred, totaling $342 million, indicating significant market volatility.
Meanwhile, most altcoins have shown active performance, with small coins starting with WLD, M, and MYX experiencing short-term increases, while coins like KORI, PENGU, XNY, and OPEN present trading opportunities driven by community funds. In a high-volatility market, cautious investors can strategically profit through proper position management.
BiyaPay's multi-asset trading wallet will continue to provide users with one-stop services such as global remittances, cryptocurrency trading, and US-HK stock investments, helping users quickly transfer funds and seize trading opportunities in turbulent markets. Whether investing in Bitcoin, Ethereum, or trading altcoins, BiyaPay enables users to easily manage multi-currency assets for efficient trading and risk control.
Tags:
Link: BiyaPay Analyst: BTC, ETH Show Weak Rebound, Altcoins Offer Short-term Trading Opportunities [Copy]
