Bitcoin und Ethereum: Verluste gegenüber der Vorwoche
Looking back on the past week, Bitcoin and Ethereum are still in the red: compared with the previous week, the price of Bitcoin fell by 7% and the price of Ethereum fell by 14%. Will things improve again this week, or will numbers 1 and 2 spiral downward based on market cap?
Bitcoin is weakening
On January 6, Bitcoin once again broke through the US$100,000 mark and rose to above US$102,000, but it was still unable to hold important psychological support levels. On January 9, Bitcoin fell below $92,000—a loss of approximately $10,000 in three days. At the beginning of the week, Bitcoin fell again but started to rebound towards $91,000 and is currently back at $94,000.
The relative strength index (RSI) is currently at 45. Since the value is below 50, it indicates continued bearish momentum. The MACD indicator is also showing a bearish crossover. This is a classic sell signal, so you have to assume that the price of Bitcoin is likely to fall further.
However, if the cryptocurrency can break through $100,000 again, it could once again head towards the all-time high set on December 17, 2024: at that time, the cryptocurrency was worth over $108,000.
If you look at historical data, Bitcoin’s next bull run will likely occur in February. If the price of the cryptocurrency falls below $90,000, this could represent an opportunity for another entry.
Ethereum is under pressure (again).
Ethereum price fell nearly 14% compared to last week, falling from $3,660 to $3,000, but the support line still held. It will be important for Ethereum to break through the $3,730 resistance level – Ethereum is currently priced at $3,180.
The RSI is currently at 40 – so there is clear weakness. So there are signs of a correction here as well. The MACD reinforces the sell signal as a bearish crossover has also occurred here.
Ethereum also appeared to be under pressure at the start of the year. The outbreak and associated price surge above $5,000, which has been predicted for months, may have to be postponed again — but experts remain confident that Ethereum will reach new all-time highs in 2025.
What to do next?
While Bitcoin and Ethereum are under pressure, and there are sometimes signals that a correction no longer seems impossible, it is reasonable to ask what will happen in the crypto market in the coming weeks and months. The truth is: Cryptocurrencies are rising, and corrections are part of it, even necessary, so that prices can rise again.
Projects still on pre-sale also benefited. These include flake ores. Investors in Flockerz have to hurry: the presale will end soon – and if the project’s token FLOCK is subsequently listed on official cryptocurrency exchanges, the price could skyrocket.
Click here to enter the Flockerz homepage
Flockerz has entered its final stages
Flockerz is a new project, pre-sale starting from September 2024, and will be completed in the near future. What’s so special about Flockerz and the token FLOCK? There is a community-centered approach. Flockerz hopes to stand out from the already fierce competition and create a unique selling point through this approach. Furthermore, in the long run, the hope is to positively change the cryptocurrency market.
While in almost every other meme project, decisions are made by one person or a small circle, at Flockerz the community has a say. Investors in the project participate in voting and subsequently decide what happens next with Flockerz. In order for the community to grow, a “vote to earn” mechanism was created. This means that after investing, investors also receive tokens. Another positive motivation.
Additionally, a token called FLOCK can also be staked after purchase. The current return rate is over 300%. The aim is to prevent sell-offs after listing on cryptocurrency exchanges.
Therefore, if you are planning to invest in the new Flockerz project, you should definitely go to the official platform and get tokens directly from the developers. Pre-sale is still in progress. But that will end in January. You will find FLOCK on official cryptocurrency exchanges afterwards, but you have to assume that the price will be significantly higher than during the pre-sale.
Click here to view Flockerz pre-sale
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