Gate Research Institute: Major Market “Bart” Volatility | FHE Leads the Altcoin SectorCrypto Market Overview
BTC (+1.86% | Current price 91,052.7 USDT): BTC experienced a "deep V rebound" from the evening of December 7 to the early morning of December 8, with the price consolidating within the $90,000–$91,700 range. The chart structure shows an "archway" shape, reflecting that after a rapid rebound, the market has entered a correction phase. Main funds may be testing resistance and completing position rotation in the $91,500–$92,000 area. On the short-term moving averages, the MA 5 has crossed below the MA 10, forming a slight death cross, indicating that the short-term price trend is leaning toward consolidation. Overall, the market is still in a box consolidation phase, sentiment remains cautious, and no clear directional signal has yet formed.
ETH (+1.86% | Current price 3,102.66 USDT): ETH trend
GateResearch·12m ago