#数字货币市场回调# Since 2 AM, Bitcoin has ended its rebound from the previous day, starting a continuous decline from the 113900 level, and is currently around 111600, just a step away from the 110000 round figure.

Today's price significantly rebounded mainly due to two factors: first, U.S. Senator Elizabeth Warren from the Democratic Party has called for an investigation into the Trump family's overseas cryptocurrency transactions; second, the U.S. Senate plans to hold a hearing on cryptocurrency taxation on October 1.

Despite market expectations that the probability of a rate cut in October has reached 94.1%, and the Bitcoin spot ETF still maintains a net inflow of $241 million, these positive factors seem to have failed to curb the current downward trend. In comparison, Bitcoin's performance is still better than Ethereum, which has fallen below the $4000 mark, while Bitcoin has temporarily held the support at $110,000.

From a technical perspective and market sentiment analysis, Bitcoin is likely to struggle to maintain the 110,000 level in the long term, and breaking through this psychological price point may just be a matter of time. In the midst of market fluctuations, experienced investors have begun to adjust their strategies according to the situation, while ordinary investors need to remain calm and view short-term volatility rationally.

In the face of the current market, investors need to develop clear strategies and grasp the market rhythm in order to find opportunities in the complex and ever-changing cryptocurrency market. $BTC