#我在Gate广场过新年 Market Summary for Today--Volatility Nearing the End, Direction to Be Chosen Soon
Bitcoin remains strong and volatile today, reaching a high of 68,280 points. Ethereum experienced a small rally tonight, closing at $1,987. Currently, on the daily chart, Bitcoin is forming a converging triangle pattern, consolidating in a range with resistance at 68,300 and support at 65,500. The amplitude of the fluctuations is gradually decreasing, indicating that a breakout may be imminent.
On the news front: The biggest uncertainty is the rumor that the U.S. will conduct a preliminary strike on