The market is fluctuating!

1. The BTC hourly chart has gone up and down again, with the moving averages alternating between bullish and bearish patterns. The short, medium, and long-term moving averages are intertwining and crossing each other, which is very unfavorable for trend traders, but it presents opportunities for range traders. The short-term resistance level is 69.1K.

2. On the daily chart, BTC had a medium bearish candle yesterday, showing considerable strength, while the fast and slow lines have once again crossed below the zero-axis. Only a price break below the zero-axis would be a real break; this will take another two days, and the result will come out soon. Those who are conservative can wait for the hourly chart moving averages to consolidate before choosing a direction, otherwise, there will be back-and-forth stop-loss triggers.

3. The price of PAXG has once again broken 4400, with this round of rebound reaching 4600 points. However, it is also fluctuating around 4400 afterward. The adjustment at the weekly chart level is not going to be quick; it requires more time and patience. Boldly predicting, it may coincide with the time BTC reaches its bottom.

4. The price of CRCL is fluctuating between 100-91, closely watching the directional choice opportunity after the daily chart moving averages consolidate near 91. The price trend of this cryptocurrency is severely correlated; the perspective of HYPE on the daily chart remains unchanged. Currently, it is one of the few strong coins, with support levels to watch at 35.5U and the lower boundary of the upward channel.