#数字货币市场回升 A week has quietly passed, and the market performance has been mixed, which is actually a very normal phenomenon in the investment journey. Some traders have reaped substantial rewards, while others may feel a bit disappointed; this is all part of the market's norm. Let's return to the current market analysis.
Bitcoin has shown a volatile consolidation trend this Saturday, with market liquidity decreasing. In this situation, it is recommended that investors adhere to the basic strategy of selling high and buying low in intraday trading. It is noteworthy that, based on historical experience, the longer the consolidation period, the stronger the momentum tends to be when the price eventually breaks out. Therefore, it is advisable to adopt a low-position operation strategy before the turning point.
In terms of specific prices, if Bitcoin falls back to the 110,500 to 111,200 range, it may be considered for buying, with upward targets focusing on the 112,500 and 113,500 levels. If it successfully breaks through, it may challenge the 115,000 mark. For Ethereum, a pullback to the 3,880 to 3,920 range may be considered for buying, with upward targets focusing on the 4,000 to 4,050 range, and after a breakout, it may challenge the 4,150 level.
Although the market is volatile in the short term, maintaining rational analysis and appropriate strategy adjustments can still help find opportunities in different market environments.