Gate Research Institute: crypto market is consolidating | AVNT big pump 361% draws followCrypto market panorama
BTC (-0.35% | Current Price 110,974 USDT): After experiencing a surge, BTC has shown a significant pullback in the short term, currently maintaining a price around 110,974.7 USDT. Its trading volume has noticeably increased during the decline, indicating that the bears are taking control. If the price continues to fluctuate below 111,000 USDT, it may further test the support at the 110,000 USDT level. However, if it can quickly stabilize and recover above the MA30, it may have the potential to return to the 112,000 - 113,000 USDT range. Overall, the short-term trend for BTC is weakening, and further pullback risks should be monitored.
ETH (+0.5% | Current price 4,309 USDT): ETH has recently been fluctuating around 4,300 USD, currently closing at 4,309.62 USD.
GateResearch·2025-09-10 05:52