#比特币技术分析 Recently, the technical analysis of the Bitcoin market has shown me some bottom signals worth following. The short-term holder SOPR has dropped to 0.982, indicating that weak investors are dumping at a loss, which is often a precursor to a market bottom. URPD data shows strong support in the $107,000-$108,200 range, explaining why prices have stabilized around $108,000. However, the resistance above should not be underestimated, as the $113,200-$116,900 range will be a significant test for long positions.
From an operational perspective, I will closely follow the key support level of $107,300. A fall below this level could indicate a continuation of the downtrend. Conversely, if it can hold above $109,700, then it would be reasonable to increase the following positions moderately. Of course, the real key to changing the overall situation lies in breaking through $113,500.
Overall, the current market is at a critical position, facing both the possibility of bottoming out and pressure from above. I will remain cautious and flexibly adjust my following strategy based on price movements. After all, at such times, patiently observing is often more valuable than aggressive actions.
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#比特币技术分析 Recently, the technical analysis of the Bitcoin market has shown me some bottom signals worth following. The short-term holder SOPR has dropped to 0.982, indicating that weak investors are dumping at a loss, which is often a precursor to a market bottom. URPD data shows strong support in the $107,000-$108,200 range, explaining why prices have stabilized around $108,000. However, the resistance above should not be underestimated, as the $113,200-$116,900 range will be a significant test for long positions.
From an operational perspective, I will closely follow the key support level of $107,300. A fall below this level could indicate a continuation of the downtrend. Conversely, if it can hold above $109,700, then it would be reasonable to increase the following positions moderately. Of course, the real key to changing the overall situation lies in breaking through $113,500.
Overall, the current market is at a critical position, facing both the possibility of bottoming out and pressure from above. I will remain cautious and flexibly adjust my following strategy based on price movements. After all, at such times, patiently observing is often more valuable than aggressive actions.