Last night, the cryptocurrency market experienced concentrated selling pressure, and the rebound trend came to an abrupt halt. Whether it can continue to rise afterward remains uncertain.



According to market data, BTC fell to around $90,675 this morning, and is currently hovering around $91,227, down 2.5% in a day. Ethereum is now around $3,165, with a sharper decline of 3.84% over 24 hours. As for SOL, from the level of $136.53, it also dropped 3.21%.

This wave of decline is quite significant, especially with secondary mainstream coins performing even weaker. Whether this is a short-term correction or a reversal signal still needs further observation of the subsequent trend.
BTC0,08%
ETH0,17%
SOL0,02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
DiamondHandsvip
· 2h ago
Coming to cut me again? Isn't it annoying to do this every day?
View OriginalReply0
ContractExplorervip
· 01-08 00:49
It has pulled back again. Could this be the top?
View OriginalReply0
WenMoonvip
· 01-08 00:47
Dropped again, I'm numb.
View OriginalReply0
GateUser-a180694bvip
· 01-08 00:31
Falling again, this rebound is too short... Wait, is ETH dropping even more sharply than BTC? Secondary coins are just crashing vertically for me.
View OriginalReply0
ForkThisDAOvip
· 01-08 00:25
Here we go again, is this really a correction this time or the start of a new round of harvesting?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)