Today, the Crypto Assets market is exhibiting a fluctuating trend, with Bitcoin prices oscillating in the key range of 118,000 to 111,000. Currently, Bitcoin is in a typical range fluctuation pattern. Market analysis shows that if it cannot break through the upper resistance level, any short-term rebound may struggle to halt its downward trend.



Some traders believe that there may be shorting opportunities near 117,300, with an initial target price of 114,000. If the price falls further and breaks through this level, the next support level may be around 112,000.

However, the market trends are complex and changeable, and investors should act cautiously and manage risks properly. Before making any trading decisions, it is recommended to comprehensively consider multiple factors, including but not limited to technical analysis, fundamental analysis, and overall market sentiment.

It is worth noting that the high Fluctuation of the Crypto Assets market means that situations can change at any time. Therefore, it is crucial to continuously monitor market dynamics and adjust strategies in a timely manner. Whether bullish or bearish, trading plans should be based on thorough research and individual risk tolerance.
BTC0.3%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
CommunityLurkervip
· 1h ago
It's all about various traps analysis. Those who understand have already run away.
View OriginalReply0
PriceOracleFairyvip
· 10h ago
just spotted a juicy price inefficiency near 117.3k... might leak some alpha later tbh
Reply0
AlgoAlchemistvip
· 10h ago
The market really changes every day.
View OriginalReply0
0xLuckboxvip
· 10h ago
Is this little fluctuation even called a fluctuation? It's pathetic.
View OriginalReply0
VirtualRichDreamvip
· 10h ago
All in is the way to go. Why analyze so much?
View OriginalReply0
GasFeeCriervip
· 10h ago
The short positions are starting to build up.
View OriginalReply0
GasFeeAssassinvip
· 10h ago
The range fluctuations are really tormenting.
View OriginalReply0
GasFeeCrybabyvip
· 10h ago
Always trapping my suckers life.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)