Bitcoin current price is $87,716, down slightly by 0.16% over the past 24 hours. The key technical resistance level is at $88,173; Ethereum is hovering around $2,959, with resistance at $2,982. Meanwhile, the Fear & Greed Index is at the "Fear" stage with a score of 25.
Market sentiment remains cautious, with some altcoins like BEAT (up 22%), SCT (up 21%), and NODL (up 19%) performing well, indicating localized market vitality and trading opportunities.
01 Current Market Environment and Contract Trading Positioning
The crypto market currently shows clear signs of segmentation. Bitcoin, as the market leader, is testing the critical level at $87,000. If it falls below the support at $85,272, further decline may occur.
Ethereum is also hovering around a key level, repeatedly failing to effectively break through the 50-day moving average.