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Recently, the cryptocurrency market has shown a high-level consolidation trend, with mainstream digital assets represented by Bitcoin fluctuating within a relatively high range. On Sunday, a solid bullish candlestick appeared on the daily chart of Bitcoin, breaking the previous consecutive downtrend. However, the further shrinkage of Trading Volume has diverged from the price trend, indicating that the market is still in an adjustment cycle and requires further breakthroughs at key resistance levels to confirm whether the trend has reversed.
In the short term, the four-hour level trend shows a continuous upward trend, accompanied by slight pullbacks that effectively release upward pressure. Currently, the price of Bitcoin has broken through and stabilized above the middle track, and the upward momentum has not yet shown significant signs of weakening. Therefore, investors may consider moderately positioning themselves at lower levels to seize short-term upward opportunities.
It is worth noting that the current market is affected by multiple factors, including the U.S. tariff policy, the overall adjustment of the encryption market, and the Federal Reserve's interest rate decision. These macro factors may have a significant impact on short-term market trends, and investors need to closely monitor changes in relevant information.
For short-term operations, attention can be paid to the support in the 113800-114200 range. If it can stabilize effectively, it may launch an attack towards the 115800 area. However, investors must keep in mind that the cryptocurrency market carries high risks and is highly volatile. When making any investment decisions, risks should be fully assessed, and positions should be managed reasonably.