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Recently, the Crypto Assets market has been changing rapidly, and the fluctuation in Bitcoin prices has drawn attention. The market shows that Bitcoin once fell to around $112,600, and if it touches that price range again, around $112,900 might become a good opportunity to get on board.
Investors may consider establishing long positions at this level, but it is essential to set stop losses, with a recommendation to set the stop loss around 1500 points to control risk. It is worth noting that the current market trend is quite similar to the pattern before the previous consolidation range breakout.
From a technical perspective, Bitcoin has shown a significant slope on the daily chart while climbing from the $70,000 range to the $120,000 range, and this trend characteristic is worth paying attention to. Considering these factors comprehensively, there may be certain speculative opportunities in the current market.
However, the crypto assets market has always been characterized by significant fluctuations. Before making any decisions, investors should fully assess their risk tolerance, allocate their assets reasonably, and avoid blindly following the trend. At the same time, they should closely monitor market trends, policy changes, and the global economic situation in order to adjust their investment strategies in a timely manner.