Gate Research Institute: Ethereum Staking Demand Rebounds | Tokenized Stock Asset Scale Reaches New HighCryptocurrency Market Overview
BTC (+0.02% | Current Price 88,660 USDT): Bitcoin has shown weak sideways consolidation over the past day, with prices fluctuating around $88,000–$89,000, and overall volatility remains limited. Short-term moving averages MA5 and MA10 have repeatedly converged and crossed with MA30, indicating that the market direction is still uncertain, and the short-term trend leans towards sideways consolidation. Although the MACD briefly turned positive, the momentum was limited, with frequent alternation of green and red bars, and it repeatedly hovered around the zero line, suggesting cautious sentiment among bulls and bears. Structurally, a confirmed breakout above the $89,500–$90,000 range with increased volume could validate a short-term rebound continuation; however, if prices fall back and break below the $88,000 support level, attention should be paid to the risk of testing the support zone around $87,000.
ETH (+0.02%)
GateResearch·2025-12-31 03:58