After stabilizing above $25,000, BTC failed to hold above the BOLL midline, experiencing consecutive piercing and subsequent inability to sustain the position. Currently, the market is under pressure below the midline, with the KDJ indicator showing a bearish crossover as the three lines turn downwards. The MACD indicator displays decreasing red solid bars. In the short term, there is a trend of retracement towards the BOLL midline, while the $25,000 level remains a crucial support to monitor.
Today’s Cryptocurrency Headline
ConsenSys zkEVM Network Linea Launches Voyage Quest Campaign to Fight Bots
Linea, a zkEVM network by ConsenSys, announced on Twitter its collaboration with Gitcoin Passport, Galxe Passport, and Guild.xyz to launch the Linea Voyage Quest initiative. The goal of this campaign is to combat bots and spammers while prioritizing genuine user participation. The system will offer significantly high verification credential points to users who pass rigorous human verification. This initiative aims to stress-test the network in preparation for its mainnet launch, ensuring robust user engagement.
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