Today's Bitcoin market trend shows that the longer side has a slight advantage. As of the latest market data, the BTC price hovers below 106,000 points, having broken through the 30-minute range top in the afternoon market.
The current key issue is the effectiveness analysis of this breakthrough. If this is a longer behavior, rashly following up will face high risks. Technically, Bitcoin is still in a descending channel on the 4-hour chart, and the overall trend remains bearish; this rebound is likely to be a longer operation.
Analysis suggests that the market is about to experience significant volatility. Investors should avoid blindly chasing prices and selling at losses. It is recommended to patiently wait for clear entry signals to appear or consider adopting a short-term swing trading strategy to cope with the current market situation. Currently, the BTCUSDT spot market is at a critical decision point, and investors need to remain vigilant.
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Today's Bitcoin market trend shows that the longer side has a slight advantage. As of the latest market data, the BTC price hovers below 106,000 points, having broken through the 30-minute range top in the afternoon market.
The current key issue is the effectiveness analysis of this breakthrough. If this is a longer behavior, rashly following up will face high risks. Technically, Bitcoin is still in a descending channel on the 4-hour chart, and the overall trend remains bearish; this rebound is likely to be a longer operation.
Analysis suggests that the market is about to experience significant volatility. Investors should avoid blindly chasing prices and selling at losses. It is recommended to patiently wait for clear entry signals to appear or consider adopting a short-term swing trading strategy to cope with the current market situation. Currently, the BTCUSDT spot market is at a critical decision point, and investors need to remain vigilant.