After the US stock market opened yesterday, the Bitcoin market experienced a brief rise but encountered resistance around $115,600, followed by a slight pullback. Currently, the market remains in a stalemate, but the overall trend still leans towards long positions.



Investors can pay attention to the resistance levels of 115,600, 116,600, and 117,800 USD above. Near these key positions, short positions can be considered. At the same time, it is necessary to closely monitor the support levels of 114,800, 114,300, 113,300, and 111,800 USD below. If the price breaks below these support levels, considering a shift to long positions based on the actual situation can be contemplated.

Although the market may continue to fluctuate in the short term, Bitcoin still has the potential for an upward trend in the long run. Investors should closely monitor market movements, manage risks wisely, and adjust trading strategies in a timely manner. In addition, global macroeconomic conditions, changes in regulatory policies, and the attitudes of institutional investors may all impact Bitcoin prices, warranting ongoing attention.
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WenAirdropvip
· 22h ago
Long positions are stable, Computing Power at a new high.
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GasWastervip
· 08-08 23:20
Long positions are not strong.
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SerLiquidatedvip
· 08-07 02:39
Sideways is not fun at all.
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ser_we_are_earlyvip
· 08-07 02:38
I was thinking about shorting it early.
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MemecoinResearchervip
· 08-07 02:23
statistical hopium hits different tbh
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Anon4461vip
· 08-07 02:23
120,000 is right in front of us.
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