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BiyaPay Analyst: BTC, ETH Rebound Losing Steam, Shitcoins' Short-Term Surge Brings Trading Opportunity
BlockBeats News, September 9th: Bitcoin saw a slight rebound to $113,000, but the trading volume did not increase significantly. In the short term, it may still fluctuate in the range of $107,000 to $113,500; Ethereum is under pressure due to BlackRock's sale of 72,000 ETH, with a key support level at $4,105–$3,892. In the past 24 hours, the number of global liquidations approached 200,000, totaling $342 million, and market volatility remains significant.
Meanwhile, most altcoins have shown active performance, with small coins starting with WLD, M, and MYX experiencing short-term rallies. Coins such as KORI, PENGU, XNY, and OPEN have presented trading opportunities driven by community funding. In a high-volatility market, cautious investors can tactically seize opportunities through appropriate positions.
The BiyaPay multi-asset trading wallet will continue to provide you with one-stop services such as global remittances, cryptocurrency trading, and US-HK stock investment, helping users quickly transfer funds and capture trading opportunities in turbulent market conditions. Whether investing in Bitcoin, Ethereum, or trading altcoins, BiyaPay enables users to easily manage multi-currency assets, achieving efficient trading and risk control.
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