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Recently, the Crypto Assets market has shown interesting Fluctuations, bringing opportunities for investors. The Bitcoin price has oscillated between 116,000 and 120,000, providing considerable profit margins for short-term trading. Yesterday, Bitcoin touched the 120,000 mark twice, around 119,600 and 120,200, before pulling back, confirming the importance of this range.
Currently, the market focus remains around the 120,000 resistance level. For bearish traders, 118,600 may be a reasonable profit-taking point, but more aggressive traders might set their target at 117,600.
At the same time, Solana (SOL) has also attracted the attention of investors, having once broken through the 206 high point, but subsequently showing signs of weakness. For investors who bought around 190, it may now be a good time to consider taking profits.
The performance of Dogecoin has been relatively flat, currently in a breakeven state from an entry price of 0.26. Although it failed to reach the expected high of 0.35, it also did not result in a loss, which can be regarded as a neutral trading experience.
It is worth mentioning that the performance of Pengu coin is surprising. From a price of 0.028 two weeks ago, it has climbed all the way up, breaking through the important level of 0.04, and finally reaching a historical high of 0.046. This performance confirms the view that new star projects often emerge during each altcoin season.
Overall, in the current market conditions, flexible fluctuation trading strategies seem to be more effective. At the same time, investors should also pay attention to risk management and adjust their positions in a timely manner to cope with market uncertainties.