neutral
Bitcoin Slides Toward $113,000 After Recent Peak
The cryptocurrency market is showing signs of cooling as Bitcoin drifts toward $113,000 following a recent high near $124,000. Meanwhile, Ethereum remains around $4,100, indicating uncertainty among traders. Analysts note that the pull-back may reflect profit-taking and the need for stronger support levels. Market participants are now watching macro-economic signals and institutional flows to assess whether momentum can resume or if a deeper correction is underway.
The sentiment is cautious but not yet bearish.
Explore:Mutual Fund Screening
neutral
Bitcoin Slides Toward $113,000 After Recent Peak
The cryptocurrency market is showing signs of cooling as Bitcoin drifts toward $113,000 following a recent high near $124,000. Meanwhile, Ethereum remains around $4,100, indicating uncertainty among traders. Analysts note that the pull-back may reflect profit-taking and the need for stronger support levels. Market participants are now watching macro-economic signals and institutional flows to assess whether momentum can resume or if a deeper correction is underway.
The sentiment is cautious but not yet bearish.
Explore:Mutual Fund Screening
Breaking
neutral
Bitcoin Slides Toward $113,000 After Recent Peak
1 min read
73 words
Bitcoin retreated toward $113K after a $124K high and Ethereum hovered near $4.1K, as traders weigh profit-taking and lack of fresh catalysts in crypto markets.
The cryptocurrency market is showing signs of cooling as Bitcoin drifts toward $113,000 following a recent high near $124,000. Meanwhile, Ethereum remains around $4,100, indicating uncertainty among traders. Analysts note that the pull-back may reflect profit-taking and the need for stronger support levels. Market participants are now watching macro-economic signals and institutional flows to assess whether momentum can resume or if a deeper correction is underway.
The sentiment is cautious but not yet bearish.
The cryptocurrency market is showing signs of cooling as Bitcoin drifts toward $113,000 following a recent high near $124,000. Meanwhile, Ethereum remains around $4,100, indicating uncertainty among traders. Analysts note that the pull-back may reflect profit-taking and the need for stronger support levels. Market participants are now watching macro-economic signals and institutional flows to assess whether momentum can resume or if a deeper correction is underway.
The sentiment is cautious but not yet bearish.
Tags:
crypto
bitcoin
crypto
bitcoin
ethereum
digital assets
market momentum