The price of Bitcoin has started to show signs of weakness after reaching a high of $117,266. Although there are still minor fluctuations, the upward momentum has noticeably weakened. Currently, the price of Bitcoin is hovering around $117,059, facing significant resistance at $117,266.



Considering the current market sentiment and recent trends, analysts expect Bitcoin to possibly experience a pullback in the short term. They suggest that investors may consider adopting a short strategy in the range of $117,000 to $117,300, while setting a stop-loss point at $117,500. If the downward trend is established, the price may dip to $115,500, or even $114,800.

On the Ethereum front, analysts are similarly cautious. They suggest considering short positions in the range of $4,800 to $4,830, with $4,850 as the stop-loss level. If the decline continues, the price of Ethereum may drop to $4,700, or even $4,600.

It is worth noting that these predictions are based on current market conditions, and investors should closely monitor market changes and adjust their strategies in a timely manner. The cryptocurrency market is highly volatile, and investors should fully assess the risks before making any decisions.
BTC3.53%
ETH13.25%
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ApyWhisperervip
· 2h ago
This wave is about to pullback.
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token_therapistvip
· 2h ago
It's been a year, when will it peak?
View OriginalReply0
FrontRunFightervip
· 3h ago
classic manipulation before mev dump... whales setting up another dark forest attack tbh
Reply0
MetaverseVagrantvip
· 3h ago
Eh, I reached the top, it's doomed, right?
View OriginalReply0
BlockchainArchaeologistvip
· 3h ago
A small big dump is always an opportunity.
View OriginalReply0
GhostWalletSleuthvip
· 3h ago
I'm dizzy, I only know about the rise and fall.
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