Gate Research Institute: ZEUS Surges 89% Against the Market | Strategy Suffers a $12.4 Billion Loss in Q4
Cryptocurrency Asset Overview
BTC (-11.70% | Current Price $64,437)
BTC experienced a rapid decline with increased volume over the past 24 hours. After the price dipped to around $59,980, signs of a clear bottoming out appeared, followed by a corrective rebound. It has now recovered to above $64,000 and is consolidating. From the overall rhythm, the first half was dominated by panic selling, while the second half gradually entered a phase of emotional recovery, but a clear reversal structure has not yet formed. Technically, the intraday rebound has brought the price back near the short-term moving averages, with MA5 and MA10 showing signs of flattening, but MA30 remains clearly downward. The overall price remains below the medium-term moving average, indicating that the current move is more of a technical rebound after a decline. During the decline, trading volume significantly increased, with panic selling concentrated, while during the rebound, volume noticeably contracted, showing that funds are testing the market.
GateResearch·02-06 08:08
