Recently, the Bitcoin market has shown new trends. From the overall trend, the fourth wave adjustment is about to take shape, and the market is beginning to show signs of turning. This indicates that upward pressure is forming, leading to a certain degree of adjustment.
Currently, it seems that bullish investors are in a phase of building strength for a pullback, which suggests that a rebound is likely to occur in the future. However, this rebound may struggle to sustain higher prices, and being overly committed to a long strategy may pose risks.
From a specific price range perspective, the $112,200 to $112,800 range may face downward pressure. Market participants should closely monitor the trends in this range. If it breaks downward, the next key support level may be around $111,000, and it could even dip to $107,000.
Overall, in the current market situation, investors need to remain cautious, closely monitor market changes, and adjust their investment strategies in a timely manner. There may be certain adjustments in the short term, but this could also provide new entry opportunities for medium to long-term investors.
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BakedCatFanboy
· 11h ago
Rebound has no hope, Cut Loss and run.
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PortfolioAlert
· 15h ago
No way, over a hundred thousand is disappointing?
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SandwichTrader
· 09-04 06:02
Did you eat enough after flipping 100,000 today?
View OriginalReply0
GasGasGasBro
· 09-03 20:51
It doesn't matter whether it falls or not, the key is how much gas to supplement.
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FunGibleTom
· 09-03 20:51
Continue to dive deep or play people for suckers?
View OriginalReply0
MrDecoder
· 09-03 20:49
Recoup investment seems hopeless now.
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HashBrownies
· 09-03 20:47
Already All in… Endure…
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PaperHandsCriminal
· 09-03 20:40
Born with paper hands, a professional who sells at the lowest point.
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FancyResearchLab
· 09-03 20:24
The academic brain has started analyzing again; theoretically, I should be able to make money from Cryptocurrency Trading.
Recently, the Bitcoin market has shown new trends. From the overall trend, the fourth wave adjustment is about to take shape, and the market is beginning to show signs of turning. This indicates that upward pressure is forming, leading to a certain degree of adjustment.
Currently, it seems that bullish investors are in a phase of building strength for a pullback, which suggests that a rebound is likely to occur in the future. However, this rebound may struggle to sustain higher prices, and being overly committed to a long strategy may pose risks.
From a specific price range perspective, the $112,200 to $112,800 range may face downward pressure. Market participants should closely monitor the trends in this range. If it breaks downward, the next key support level may be around $111,000, and it could even dip to $107,000.
Overall, in the current market situation, investors need to remain cautious, closely monitor market changes, and adjust their investment strategies in a timely manner. There may be certain adjustments in the short term, but this could also provide new entry opportunities for medium to long-term investors.