Gate Research Institute: Market fluctuates weakly | SVL daily rise 61.17% leads the way | BARD and HEMI strongly pumpencryption asset panorama
BTC (+0.06% | Current Price 112,462 USDT)
After falling from the high of 116,113 USD, the BTC price has dipped to a low of 111,470 USD and is currently slightly rebounding to 112,462 USD. The short-term moving averages (MA5, MA10) have turned upward from a low position but remain below MA30, indicating limited rebound momentum and a generally weak trend. The trading volume has significantly increased during the decline, while the rebound volume has not kept pace, suggesting that buying confidence is still lacking. If it can break through and stabilize in the range of 112,800 to 113,000 USD, there is hope for further recovery above 114,500 USD; however, if the price breaks below 111,800 USD again, it may accelerate the drop to the support at 111,000 USD. Overall, BTC is currently in a weak position.
GateResearch·2025-09-24 06:11