Bitcoin performed strongly today, with the highest price reaching around $114,700. Although there has been a slight technical pullback recently, the overall market trend remains in a rise, and the current price is stabilizing around $113,800.
From the perspective of market structure, the bearish forces are gradually weakening, while the bulls still control the overall situation. In this case, investors can pay attention to entry opportunities during price pullbacks and consider establishing long positions.
For specific operational strategies, consider looking for buying points around $113,500 and $112,800. If the market continues to improve, you can set the target price range between $114,500 and $115,500.
It is worth noting that the cryptocurrency market has always been highly volatile. Investors should carefully assess risks and manage their positions prudently when making decisions. At the same time, it is essential to closely monitor market trends and the global economic situation to adjust investment strategies in a timely manner.
As institutional investors continue to enter the market, the long-term development prospects of Bitcoin remain promising. However, there may be some level of volatility in the short term, and investors need to remain rational and patient, avoiding excessive chasing of rises and selling during pullbacks.
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BlockTalk
· 9h ago
buy the dip and it's done.
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HodlTheDoor
· 9h ago
Charge! GT must be making a fortune!
View OriginalReply0
FlyingLeek
· 10h ago
This wave is stable, ready to lie flat and make money.
Bitcoin performed strongly today, with the highest price reaching around $114,700. Although there has been a slight technical pullback recently, the overall market trend remains in a rise, and the current price is stabilizing around $113,800.
From the perspective of market structure, the bearish forces are gradually weakening, while the bulls still control the overall situation. In this case, investors can pay attention to entry opportunities during price pullbacks and consider establishing long positions.
For specific operational strategies, consider looking for buying points around $113,500 and $112,800. If the market continues to improve, you can set the target price range between $114,500 and $115,500.
It is worth noting that the cryptocurrency market has always been highly volatile. Investors should carefully assess risks and manage their positions prudently when making decisions. At the same time, it is essential to closely monitor market trends and the global economic situation to adjust investment strategies in a timely manner.
As institutional investors continue to enter the market, the long-term development prospects of Bitcoin remain promising. However, there may be some level of volatility in the short term, and investors need to remain rational and patient, avoiding excessive chasing of rises and selling during pullbacks.