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2025.1.31 15:25 Today's BTC/ETH market analysis
After the market went through the fermentation of Chinese New Year's Eve, New Year's Day, and the second day of the Lunar New Year, BTC returned to the 103300 level. ETH stabilized around the 3100 level again. In the past few days, the European Central Bank cut interest rates, while the Federal Reserve remained unchanged. The market experienced intense volatility, washing out a lot of chips. The main players' actions will become more frequent in the future. The more frequent the actions, the better. If the main players keep idle, it indicates that the market attractiveness is not strong enough. Once the market attractiveness increases, the main players will definitely make the first move!
BTC attention
Support 99000/94600/91800
No pressure
ETH Attention
Support 3100/2950
Pressure temporarily set at 3486/3605
At this moment, BTC is undoubtedly the strongest in the market, ETH is average, and most of the altcoins are in a mess. Therefore, it is never wrong to allocate most of the chips to BTC/ETH/SOL/platform tokens at any time. It is possible to take a risk with some of the chips allocated to altcoins, but it is not advisable to allocate all of them to altcoins!
It'll be a few more days before the New Year. After the fifth day of the New Year, everything should be back to normal. Today, I took a break from work and had a little time to do some work! Don't worry, my friends, have a good Lunar New Year. Let's save up our chips in 2025 and strive for a turnaround in 2025! #GT