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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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2️⃣ #Creator Campaign Phase 2# |ZKWASM Topic: Share original content about ZKWASM or its trading activity on X or Gate Square to win a share of 4,000 ZKWASM!
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The Crypto Assets market is showing a positive rise trend. As of now, the total market value of Crypto Assets is about 3.08 trillion US dollars, up 0.91% from last week. The 24-hour volume is approximately 1.26 trillion US dollars, up 16.62% from the previous day. The price of BTC (BTC) is around $96,414, and the price of Ethereum (ETH) is around $2,727.46.
From a technical analysis perspective, BTC has recently completed a five-wave rise and entered a three-wave decline retracement phase, currently in a range of oscillation. It is expected that after the retracement is completed, BTC may usher in a new round of bull market. In the short term, the support level is around $93,000, with resistance above in the range of $99,000 to $100,000. If the price approaches the support level and rebounds, it may be an opportunity to enter long positions.