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One platform for global traditional assets
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CandyDrop
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Alpha Points
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Today's crypto market continues the bull-bear contest pattern, with Bitcoin holding the key support level of $70,000. The market is focused on macro data and the pace of global regulatory implementation. Institutional capital inflows provide resilience to the market, with mainstream coins consolidating overall through oscillations.
Bitcoin is currently trading near $70,036, with a cumulative weekly gain of 2.5%. Although it failed to consolidate above the $71,600 high, cooling leveraged trading is making the market structure more stable. $72,000 becomes the core resistance level in the short term. If it fails to break through with volume, the price may move down toward the $69,000 support zone. Ethereum is down slightly 0.3% to $2,034, with a weekly gain still reaching 2.8%. Its staking ETF is entering a critical approval phase, with expectations of institutional capital inflows warming up.$BTC $ETH