#加密货币市场波动分析 This wave of cryptocurrency market activity really brings up a lot of emotions. Thinking back to the 2017 bull market, Bitcoin was also hovering around this price level before it soared all the way to nearly $20,000. Looking at today's market, although Bitcoin has already broken through the $90,000 mark, market sentiment seems especially cautious.

From a technical perspective, there is indeed a risk of a short-term pullback for Bitcoin. The RSI indicator has entered overbought territory, and OBV may be showing a downward turning point—these are all signals to watch out for. However, looking at a longer time frame, expectations that the Fed might cut rates in December are rising, which could bring new momentum to the cryptocurrency market.

Ethereum's performance is also worth watching. It has formed a multiple-top structure around $3,000, and whether it can break through this key resistance level will be an important observation point. Historically, whenever Ethereum has broken through significant round number thresholds, it has often triggered a strong market move.

As for the altcoin market, I’ve noticed some projects like GIGGLE and PIPPIN showing good upward momentum. This reminds me of the wild altcoin rallies at the end of 2017 and the beginning of 2021. However, after experiencing several rounds of major ups and downs, I now prefer to remain cautious at this stage and focus more on learning and research. After all, only the knowledge accumulated during bear markets can truly benefit you in bull markets.

Overall, the current market is at a critical turning point. While there may be short-term corrections, from a longer-term perspective, this could be the start of a new upward cycle. History always repeats itself in new ways—the key is to learn from it and find balance between opportunity and risk.