After days of fluctuation, the price of Bitcoin broke through a new low as expected in the early hours of yesterday, reaching the 102255 area, and then underwent a rebound of a thousand points. Although weekend trading usually sees smaller fluctuations, accurately grasping this trend can still yield considerable profits.
According to the current market analysis, the support level below needs special attention. The technical aspect shows that if the price rebounds to the 104000-104500 range, it may form new resistance, and the short-term target may point to the 102500 area.
The current market is in an adjustment phase, and investors should closely monitor the price performance at key support levels, preparing for potential further fluctuations. The overall environment remains full of uncertainty, and it is advisable to maintain a cautious strategy and control position risk.
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After days of fluctuation, the price of Bitcoin broke through a new low as expected in the early hours of yesterday, reaching the 102255 area, and then underwent a rebound of a thousand points. Although weekend trading usually sees smaller fluctuations, accurately grasping this trend can still yield considerable profits.
According to the current market analysis, the support level below needs special attention. The technical aspect shows that if the price rebounds to the 104000-104500 range, it may form new resistance, and the short-term target may point to the 102500 area.
The current market is in an adjustment phase, and investors should closely monitor the price performance at key support levels, preparing for potential further fluctuations. The overall environment remains full of uncertainty, and it is advisable to maintain a cautious strategy and control position risk.