According to the latest market dynamics, Bitcoin may experience a counterattack trend in the short term. However, this does not mean that the market has completely reversed.
Currently, if the price of Bitcoin cannot break through the key resistance level of 115000, this rise is likely just a technical rebound. Market participants should closely monitor the important support level of 105000, which is likely to be tested again in the near future.
As September approaches, the monthly close on September 1st will become a key indicator for determining the market direction. Before the real bull market arrives, Bitcoin may experience a downward probe. However, this pullback could be the last opportunity for investors to enter at a low price.
It is worth noting that Nvidia's latest financial report results are basically in line with market expectations, but did not have a significant impact. This indicates that the current cryptocurrency market may be more driven by its own fundamental factors.
Investors must carefully consider the high volatility of the market when making any decisions and assess their own risk tolerance. There is still uncertainty in the market trends for the next 24 hours, and it is advisable to continuously monitor the changes in various technical indicators and macroeconomic factors.
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WalletWhisperer
· 08-30 15:57
fascinating how the wallets are clustering near 105k... the market's neural network speaks volumes
Reply0
AirdropHarvester
· 08-29 22:53
What are you doing if you're not at a critical position?
View OriginalReply0
ShamedApeSeller
· 08-28 23:22
Stop struggling, suckers, it's time to buy the dip in Spot.
View OriginalReply0
GasBandit
· 08-28 06:50
Is it at the top again??
View OriginalReply0
AllTalkLongTrader
· 08-28 06:49
It's another painful wait for the Rebound.
View OriginalReply0
GweiWatcher
· 08-28 06:47
Let's talk about it when it crashes, bearish!
View OriginalReply0
LightningPacketLoss
· 08-28 06:42
Is this little rise enough for a counterattack? Dream on.
View OriginalReply0
CounterIndicator
· 08-28 06:38
BTC still needs to drop down.
View OriginalReply0
TideReceder
· 08-28 06:22
retail investors are still sleeping soundly in their dreams
According to the latest market dynamics, Bitcoin may experience a counterattack trend in the short term. However, this does not mean that the market has completely reversed.
Currently, if the price of Bitcoin cannot break through the key resistance level of 115000, this rise is likely just a technical rebound. Market participants should closely monitor the important support level of 105000, which is likely to be tested again in the near future.
As September approaches, the monthly close on September 1st will become a key indicator for determining the market direction. Before the real bull market arrives, Bitcoin may experience a downward probe. However, this pullback could be the last opportunity for investors to enter at a low price.
It is worth noting that Nvidia's latest financial report results are basically in line with market expectations, but did not have a significant impact. This indicates that the current cryptocurrency market may be more driven by its own fundamental factors.
Investors must carefully consider the high volatility of the market when making any decisions and assess their own risk tolerance. There is still uncertainty in the market trends for the next 24 hours, and it is advisable to continuously monitor the changes in various technical indicators and macroeconomic factors.