Recently, the Bitcoin market has shown a volatile trend, with bulls and bears once again engaging in fierce battles. In the latest round of market activity, the Bitcoin price quickly rebounded after a pullback from a low of $100,749, climbing to around $102,596, before slightly retreating.
Currently, the price trend on the four-hour level shows an alternating pattern of bullish and bearish candles, reflecting the fierce competition between buyers and sellers in the market. The latest bullish candle, although with a short lower shadow, still indicates that upward momentum remains. However, in the short term, prices may test lower points again.
From the hourly level, Bitcoin's price is oscillating within the range of $101,000 to $102,000. Technical analysis indicates that a downward trend may occur in the short term. Investors may consider positioning long orders when the price tests the bottom again, but it is important to closely monitor the key support level of $100,000.
For Bitcoin, attention can be paid to buying opportunities in the range of $101,200 to $100,500, with a target price set around $103,000. Regarding Ethereum, one can watch for entry opportunities in the range of $2,230 to $2,200, with a target price of about $2,300.
Investors must operate cautiously when trading, perform proper risk management, and set reasonable stop-loss positions to protect their capital. At the same time, they should closely monitor market changes and adjust their strategies promptly.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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PuzzledScholar
· 10h ago
Waiting for a dip will result in a big loss.
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AirdropBuffet
· 17h ago
Here’s another opportunity to get something for free!
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AlphaLeaker
· 17h ago
What's the use of making it so complicated? Just take it steady!
Recently, the Bitcoin market has shown a volatile trend, with bulls and bears once again engaging in fierce battles. In the latest round of market activity, the Bitcoin price quickly rebounded after a pullback from a low of $100,749, climbing to around $102,596, before slightly retreating.
Currently, the price trend on the four-hour level shows an alternating pattern of bullish and bearish candles, reflecting the fierce competition between buyers and sellers in the market. The latest bullish candle, although with a short lower shadow, still indicates that upward momentum remains. However, in the short term, prices may test lower points again.
From the hourly level, Bitcoin's price is oscillating within the range of $101,000 to $102,000. Technical analysis indicates that a downward trend may occur in the short term. Investors may consider positioning long orders when the price tests the bottom again, but it is important to closely monitor the key support level of $100,000.
For Bitcoin, attention can be paid to buying opportunities in the range of $101,200 to $100,500, with a target price set around $103,000. Regarding Ethereum, one can watch for entry opportunities in the range of $2,230 to $2,200, with a target price of about $2,300.
Investors must operate cautiously when trading, perform proper risk management, and set reasonable stop-loss positions to protect their capital. At the same time, they should closely monitor market changes and adjust their strategies promptly.