Gate Research Institute: BTC and ETH range fluctuations | MetaMask issue coin expectations accelerate
crypto market panorama
BTC (+0.74% | Current price 117,430 USDT): BTC has maintained a fluctuation around 117,400 USD in the past two days, with multiple attempts to break through 117,900 USD failing, showing clear upward pressure. Short-term moving averages are converging, with MA30 (117,133 USDT) providing support, indicating a strong oscillation structure. If it can break through 117,900 USD, it is expected to move higher; however, if it falls below 117,100 USD, it may trigger a short-term correction. It is recommended to sell high and buy low, paying attention to key support and resistance levels.
ETH (+0.18% | Current Price 4,610 USDT): After encountering resistance at 4,767 USDT, ETH has pulled back and is currently consolidating around 4,600 USDT, with MA30 (4,590 USDT) providing support. Overall, it remains in a state of oscillation and accumulation. Trading volume is low, and funds.