Recently, the Bitcoin market has seen a slight rebound, but this trend seems to have temporarily stalled. Currently, BTC is facing pressure from the 20-day Exponential Moving Average (EMA20) and is unable to break through this key level. Other Crypto Assets are following Bitcoin's trend, showing an increasing Fluctuation trend, most of which have reached their respective resistance levels.



Market observers point out that Bitcoin has a strong support level near $108,800. If it can reach this level in the coming days, taking advantage of the rapid changes in macro sentiment, and then show a V-shaped rebound, investors may be more confident in buying Ethereum at lower levels, hoping to challenge previous highs again. Even if Bitcoin can hold its ground near the $110,000 round number, it may be viewed by the market as a positive signal.

In light of the current market conditions, investors are advised to closely monitor news developments and market trends to be prepared for potential buying opportunities. Some analysts believe that market pullbacks often provide good opportunities for investors to add to their positions. However, given the high Fluctuation of the Crypto Assets market, investors should carefully assess the risks before making any decisions.

As the market continues to evolve, all parties are waiting for the next clear directional signal. Whether it is changes in the regulatory environment, the release of macroeconomic data, or significant technological breakthroughs, any of these could become key factors driving the market's direction. During this period of uncertainty, it is particularly important to remain calm and rational.
BTC-0.77%
ETH-0.32%
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LadderToolGuyvip
· 23h ago
The next gift coins market is waiting for you!
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DiamondHandsvip
· 23h ago
Cut Loss for two years, finally recoup investment.
View OriginalReply0
HodlBelievervip
· 23h ago
The weekly moving average support level has been reached. It is recommended to keep 50% of the funds ready for Margin Replenishment.
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GateUser-bd883c58vip
· 23h ago
Stay steady... just afraid of going back to square one.
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ForkTonguevip
· 23h ago
Another bunch of nonsense from analysts
View OriginalReply0
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