Gate Research Institute: BTC, ETH solid key levels | Linea completes TGE attracting market followencryption assets panorama
BTC (+2.57% | Current Price 114,027 USDT)
The price of BTC has shown a clear upward trend recently after several rounds of fluctuations and consolidation, briefly breaking through the stage high of $114,300 and currently maintaining a high-level oscillation. The short-term moving averages (MA5, MA10) have turned upward and are in a bullish arrangement, with the price staying above the MA30, indicating sufficient short-term bullish momentum. The increase in trading volume alongside the price rise suggests that buying power is gradually strengthening. If it can firmly hold above $114,300 in the following period, there is hope for a continued upward trend. However, one must be cautious of the risk of a pullback after a short-term spike; if the price falls back below $113,500 with insufficient volume, it may trigger a technical correction. The overall trend is strong, and it is recommended to follow the trend in operations while paying attention to profit-taking and risk control.
ETH (+1.87% |
GateResearch·5h ago