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Recently, the Crypto Assets market has once again fallen into a narrow range of fluctuations. After a slight pullback, the Bitcoin price has entered a phase of consolidation again. The market trend is similar to the previous trading day, with the resistance level around 108,000 dollars becoming increasingly apparent.



After multiple attempts to break through without success, the Bitcoin price is showing a trend of pulling back under pressure. In the short term, the price trend has begun to exhibit a slow oscillating downward trend. Currently, the Bitcoin price fluctuates between the middle and lower bands of the Bollinger Bands, and investors may consider aligning with the trend by placing short positions at rebound highs.

In terms of specific operational suggestions, attention can be paid to Bitcoin's performance around the resistance level of $107,500. If there is a significant pressure level, consider opening a short position, with support levels to watch around $106,000. For Ethereum, one can observe for shorting opportunities around $2,450, with support levels around $2,350.

It is worth noting that the current market is still in a volatile phase, and investors need to closely monitor market changes and adjust their strategies in a timely manner. At the same time, the Crypto Assets market carries high risks, and investors should operate cautiously and implement effective risk management.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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DaoGovernanceOfficervip
· 8h ago
*sigh* empirically speaking, this volatility pattern fits perfectly with nakamoto's 2008 game theory model... yet traders still can't grasp basic market mechanics
Reply0
WalletDivorcervip
· 8h ago
The short order is set too high, right?
Reply0
ForkYouPayMevip
· 8h ago
Who dares to short at 10w8?
Reply0
blocksnarkvip
· 8h ago
Please, pro, stop placing short orders.
Reply0
RektRecordervip
· 8h ago
You are going to Short again, right?
Reply0
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