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The price of Ethereum is once again trying to break free from the long-standing barrier at US$3,000, but this attempt has stalled. After a slight increase, ETH has dropped back toward this support range, indicating the market remains divided.
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Market Analysis December 5
Last night, the price of Ethereum attempted to break through 3240 again but failed, then dropped sharply to near 3060 before starting to rebound. At present, almost all positive sentiment has been released, so the market's rise is likely to slow down gradually. Price movements will most likely fluctuate upwards following the rhythm of interest rate cuts. Today, pay attention to whether the rebound can break through 3240 and continue to 3280. If it is unable to break through, the market may experience a minor correction in the short term.
Today's Operation Suggestion:
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In the crypto world, being early can truly pay off. This seems to be the case for Ripple Labs, the San Francisco-based blockchain company that is now worth more than US$40 billion.
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The history of Bitcoin's bull market cycle is a history of exponential decline. Whether you agree or not, you have to face it. If the current drop reaches US$50,000, the next bull cycle should reach US$200,000 or US$250,000.
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Wall Street weakened on Monday (1/12/2025) triggered by a surge in U.S. bond yields.
As reported by Reuters, the Dow Jones Industrial Average on the New York Stock Exchange, US, fell by 427.09 points, or about 0.9 percent, to 47,289.33. The S&P 500 weakened by 36.46 points, or about 0.53 percent, to 6,812.63. The Nasdaq composite index dropped by 89.76 points, or about 0.38 percent, to 23,275.92. %, to 47,289.33, the S&P 500 (.SPX), opens new tab lost 36.46 points, or 0.53%, to 6,812.63.
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Wall Street weakened on Monday (1/12/2025) triggered by a surge in U.S. bond yields.
As reported by Reuters, the Dow Jones Industrial Average on the New York Stock Exchange, US, fell by 427.09 points, or about 0.9 percent, to 47,289.33. The S&P 500 weakened by 36.46 points, or about 0.53 percent, to 6,812.63. The Nasdaq composite index dropped by 89.76 points, or about 0.38 percent, to 23,275.92. %, to 47,289.33, the S&P 500 (.SPX), opens new tab lost 36.46 points, or 0.53%, to 6,812.63.
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Hey, how are you, friend?
do you think btc will break $100k this week?
I think btc will break through easily, let's watch, BTC to the moon Let's go🚀
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will btc break $100k this week
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