The current cryptocurrency market is overall showing a weak trend, with prices lacking strong upward momentum, mainly exhibiting a range-bound consolidation in the short term. However, if the subsequent market can stabilize at key support levels and gradually repair technical patterns, coin prices may still continue the rebound trend.

From a macro perspective, investors may consider adopting a buying strategy at low levels. It is particularly important to closely monitor the performance of the key support level at 110000— as long as this support is not broken, the bullish outlook can still be maintained; however, once it falls below this level, investors need to quickly adjust their strategies and be wary of the potential for further decline.

In the current market environment, investors should maintain a cautiously optimistic attitude. Although there may be adjustment pressure in the short term, as long as the key support level holds, there is still a rebound opportunity in the market. It is recommended that investors closely monitor market trends and comprehensively consider technical and fundamental factors when making investment decisions, seizing potential investment opportunities at the right time. At the same time, risk management should also be in place, setting reasonable stop-loss levels to deal with possible market fluctuations.