Recently, the Crypto Assets market has seen increased Fluctuation, with Bitcoin prices once again testing important technical levels. The market touched near the lower trend line, falling to around 112000 at its lowest. This level is not only the high point of the previous consolidation but also a key position of the rising trend line, which may provide support at the market bottom.



Looking at historical trends, we can recall the fall near 100,000 dollars. At that time, Bitcoin dropped from a high of 112,000 dollars to around 98,000 dollars, experiencing about a month of fluctuating decline, with a drop of 13%. Whether this round of correction will repeat a similar trend still requires further observation.

The market is currently at a critical moment, and investors should remain cautious. For spot investors, it is recommended to adopt a small position and buy in batches, or patiently wait for better entry opportunities. The market may experience short-term false breakouts or false dips, creating ideal buying points. Closely monitor market trends and manage risks well to seize potential opportunities in this fluctuation.

The crypto assets market is constantly changing, and investors need to remain vigilant, paying attention to various factors that may affect the market, including but not limited to regulatory policies, macroeconomic conditions, and technological developments. Before making any investment decisions, it is essential to conduct thorough research and analysis.
BTC-1.98%
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
  • 6
  • Share
Comment
0/400
TaxEvadervip
· 08-04 16:49
Everyone is waiting to buy the dip, right? Can't play people for suckers anymore.
View OriginalReply0
LayerHoppervip
· 08-04 16:44
Lost terribly, play people for suckers, play people for suckers, play people for suckers
View OriginalReply0
DefiEngineerJackvip
· 08-04 16:39
*sigh* retail ngmi with these entry points... formal probability models clearly indicate optimal dca range at 98-102k
Reply0
NoodlesOrTokensvip
· 08-04 16:33
If it falls again, I'll have to beg for food.
View OriginalReply0
ContractSurrendervip
· 08-04 16:31
Take it steady, you understand after experiencing losses.
View OriginalReply0
SnapshotDayLaborervip
· 08-04 16:26
Short Position waiting for fall
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)