Recently, the cryptocurrency market has experienced significant fluctuations. The price of Bitcoin surged rapidly after Powell's speech, climbing to as high as $115,600, an increase of over 5,000 points. However, market analysts advise investors to remain cautious and not to blindly chase the price.

Currently, the market's focus is concentrated around $116,500, which is considered a key resistance level. If Bitcoin can stabilize above this level, it may attract more buying interest. However, if the price touches $117,500 and fails to break through, it could face a risk of a pullback.

At the same time, the ADA currency is showing a similar trend to Bit. Analysis indicates that the range of $0.85 to $0.88 may be a potential support area, but if it falls below $0.80, investors should consider a stop-loss strategy.

It is worth noting that $110,000 to $112,000 is considered a key support range for Bitcoin. If this range can be maintained, there is still upward potential; on the contrary, it may drop to around $108,000.

In addition, investors should closely monitor ETF fund flows, as this can have a significant impact on market trends. The market environment is constantly changing, and investors need to remain vigilant and adjust their strategies to cope with potential risks.