Recently, the Crypto Assets market has been experiencing constant fluctuations, and the price movement of Bitcoin has attracted significant attention. According to the latest market data, Bitcoin may continue to maintain a volatile trend during the afternoon session. However, the latest formed Bullish line pattern indicates that there is a certain level of buying support strength below the current price. If the longer can continue to accumulate energy, there is a possibility of forming support in the key price range and triggering a Rebound.



From a technical analysis perspective, the price range of 116700 to 117300 USD is a key area worth paying attention to. If Bitcoin can break through and stabilize above this range, then the upper range of 119000 to 120000 USD will become the next important observation target. However, considering the current market's high sensitivity, investors must strictly control risks when operating.

For investors intending to participate in the market, the following suggestions are worth considering: First, closely monitor changes in trading volume, as this is one of the key indicators for determining whether a rebound is sustainable. Second, given the current market environment, it is advisable to adopt a strategy of phased allocation rather than investing all funds at once. Finally, avoid blindly chasing gains and cutting losses; positions should be reasonably planned according to one's risk tolerance.

It is important to emphasize that the Crypto Assets market has always been subject to significant Fluctuation. The analysis in this article is for technical discussion purposes only and should not be considered as specific investment advice. Investors should conduct thorough research and risk assessment before making any decisions.
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LuckyBearDrawervip
· 07-24 10:29
Sincerely anxious about the rise and fall.
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HodlNerdvip
· 07-24 09:51
accumulation phase in full effect. psychological resistance at 120k needs breaking tbh
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ProbablyNothingvip
· 07-24 08:51
Waiting for a breakthrough again.
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FUD_Whisperervip
· 07-24 08:50
Don't focus on bullish or bearish sentiments, just let the data speak.
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WenMoonvip
· 07-24 08:50
This rise? I can't be bothered to look.
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BanklessAtHeartvip
· 07-24 08:37
What Bullish line or not, just play people for suckers.
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WhaleMistakervip
· 07-24 08:32
What are you afraid of? Keep going!
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