The evening Silk Road breakout yesterday provided over 1,100 points of space! The rebound couldn't push higher, heavy resistance above caused a pullback, and as expected, after hitting resistance, it dropped straight down, with the lowest dipping to around 77,200$BTC $ETH

BTC-0,32%
ETH-0,16%
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GateUser-4cd96927
· 16h ago
Bitcoin market trends are always volatile, with short-term price fluctuations unpredictable and inconsistent, influenced by global liquidity, U.S. stock market performance, and market sentiment. Rapid inflows and outflows of funds cause continuous market turbulence, and short-term speculative risks are constantly amplified.

In the medium to long term, changes in institutional holdings and progress in industry compliance remain the core factors influencing Bitcoin's direction. The cryptocurrency market itself is highly volatile, lacking stable value support, and is not suitable for ordinary investors to blindly chase gains or sell in panic. Maintaining a rational mindset and respecting market risks are key to staying steady amid market fluctuations.
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