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The Bitcoin market is currently in a fluctuating whipsaw phase, which may be building momentum for a future big pump. The real market peaks usually come quickly and violently, not giving investors much time to react. Therefore, the fluctuations at this stage should not cause excessive panic.
From the current market situation, if Bitcoin presents an opportunity around 113300, one might consider going long in the short term. However, if there are no clear signals, it is not necessary to force entry. Overall, in the current market environment, seeking long opportunities may be wiser than shorting.
It is worth noting that the trend of Ethereum (ETH) is also worth paying attention to, as it often has a certain correlation with Bitcoin. Investors should closely monitor the trends of these two major mainstream cryptocurrencies to better grasp market movements.
However, it is important to remind that the cryptocurrency market has extreme Fluctuation, and investors should conduct thorough research and risk assessment before making any decisions. The market may experience unexpected changes, so it is crucial to remain vigilant and flexible.