Daily Ethereum Comments

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As we continue our cryptocurrency analysis and reviews, we also touch on different perspectives that will help you develop your investment strategies. For more cryptocurrency reviews and analysis, you can visit our crypto review page.Bitcoin has maintained its steady course in the last 24 hours, moving between $84,000-84,500. Although the price has tested this level from time to time,

There is no sign of a long-term bounce. Nigel Green's predictions about the US interest rate cut and the interpretation of the effects of this possible scenario on the crypto market may shape market movements. For buy bulk sms service example, if interest rates fall, the probability of investors turning to cryptocurrencies may increase. The "maximum pain" level in the options market is $85,000, indicating that the price may trend towards this region in the short term. Institutional investor flows are still strong, and the presence of a large amount of BTC in BlackRock's fund can be a confidence factor for long-term investors. In the short term, it is important for you to follow the $83,100 support zone and $87,500 resistance points.

Ethereum showed a recovery starting from $ 1964 and reached $ 1986 during the day and is pushing the resistance levels. I should mention that it has difficulty exceeding the psychological limit of $ 2000 due to the flowing selling pressure.