Recently, the Crypto Assets market has once again attracted the attention of investors. The Bitcoin price experienced a brief Rebound, but this does not mean that the market has turned around. Most analysts believe that this is just a technical Rebound in the process of falling.



Currently, the market focus is on whether Bitcoin can reach the rebound high points of $112,000 or $114,000. However, the true trend will gradually become clear after the Wall Street trading session begins tonight. It is worth noting that even if a rebound occurs, the overall trend of Bitcoin may still maintain a downward trajectory.

In the long term, Bitcoin's decline pattern shows a fluctuating spiral rather than a cliff-like crash. The market generally expects that Bitcoin may first test a support level around $105,000, and may eventually drop to around $100,000. This prediction is likely to become a reality around the end of November this year.

For investors, it is crucial to closely follow market trends and rationally view short-term fluctuations. Although Bitcoin remains the leader in the crypto assets market, its price trends are influenced by multiple factors, including the global economic situation, changes in regulatory policies, and the attitudes of institutional investors.

In this uncertain market environment, investors should remain vigilant, manage risks effectively, and avoid blindly chasing highs and selling lows. At the same time, they should recognize the high-risk nature of the Crypto Assets market, reasonably allocate their assets, and ensure the diversification of their investment portfolios.
BTC-0.77%
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MissedTheBoatvip
· 22h ago
Laughing to death, just want to Rebound and copy trading.
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OnchainGossipervip
· 09-29 03:53
Haha, let's see if you can fall or not.
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VitalikFanboy42vip
· 09-29 03:51
Retail investors are going to speculate again.
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zkProofInThePuddingvip
· 09-29 03:49
unprecedented fall
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FudVaccinatorvip
· 09-29 03:33
Cut Loss becomes suckers, profit becomes Whale.
View OriginalReply0
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