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Bitcoin is currently trading around $111,300, close to the key support level at $109,700, indicating strong rebound potential. Technical analysis shows that if the price can break through the resistance level at $111,900, it is expected to accelerate upward toward the midline at $112,600. Currently, the overall market is in a range-bound consolidation phase, providing investors with opportunities to position at lower levels.
In response to this market condition, it is recommended to establish light long positions within the $111,300 - $111,500 range, with a stop-loss set below $109,600. Target prices can be sequentially set at $112,600 and $113,800.
Market volatility is high, so investors should cautiously control their positions and strictly implement stop-loss strategies to cope with potential price fluctuations.
#巨鲸行为分析 $BTC SOL