According to the latest market analysis, Bitcoin has gained effective support around the 112301 point level, with the trend shifting from stabilization to oscillating upward. From a technical perspective, the MACD indicator has formed a golden cross pattern above the zero line, and the long positions energy bar shows a continuous expansion trend, indicating that the bullish momentum in the market is steadily accumulating in the short term.



Driven by this momentum, the price of Bitcoin is gradually approaching the key resistance level of 116,000, initially showing an upward trend. Investors can pay attention to potential buying opportunities in the range of 113,500-113,000, with a target price set around 116,500.

At the same time, Ethereum also shows a similar trend, and potential buying opportunities can be observed in the 4330-4300 range, with a target price set around 4450.

It is worth noting that the cryptocurrency market still has volatility, and investors should operate cautiously and manage risks effectively. In addition, market sentiment and macroeconomic factors may also affect short-term trends, so it is recommended that investors closely monitor the development of relevant news and events.
BTC-1.83%
ETH0.98%
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