Weekend Bitcoin and Ethereum Latest Thoughts for 2.28: Is It a Period of Consolidation?
After surging to around 70,000 for Bitcoin and 2,150 for Ethereum, both assets experienced a clear correction, with prices temporarily dropping to around 63,000 and 1,840. Although the decline was significant, the prices did not break below the previous range’s lower boundary, and overall, the market remains in a wide-range consolidation pattern.
From the monthly chart perspective, both have closed with consecutive bearish candles for nearly half a year, showing a notable decline. However, this month’s mont
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