From a technical perspective, the current daily chart of Bitcoin shows that the range of fluctuations is gradually narrowing, and the market pattern is experiencing a subtle shift. Recently, the downward momentum has clearly weakened, and the price has stopped falling at a key support level, without continuing to decline. This phenomenon indicates that the support level below is still effective, and there is a certain degree of buying support in the market.



Considering the current market conditions, it is more suitable to adopt a strategy of building positions at low levels in the short term. The specific operational suggestions are as follows: consider buying on dips around the range of $106,300 to $105,800; if the price further drops to around $105,300, it may be appropriate to add to positions. The upward targets to focus on can be the range of $107,300 to $109,500.

It is noteworthy that while the technical indicators present certain positive signals, the market is still in a consolidation phase. Investors need to remain vigilant, strictly implement stop-loss strategies, and control risks. At the same time, it is also important to closely monitor the macroeconomic environment and industry news, as these factors may have a significant impact on the price trends of coins.

Overall, the current Bitcoin market shows certain signs of stabilization, but the upward momentum still needs further confirmation. While investors grasp possible buying opportunities, they should also manage risks and maintain a rational investment attitude.
BTC1.71%
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LiquidityNinjavip
· 12h ago
Waiting for 100,000 to catch a falling knife
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BearMarketSurvivorvip
· 10-19 01:52
The battlefield situation is tightening, everyone must fill up the ammunition box and strictly adhere to the stop loss line!
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ApeEscapeArtistvip
· 10-19 01:45
Drumming and beating gongs to enter and buy more!
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WealthCoffeevip
· 10-19 01:36
I dare not go all in anymore.
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LiquidityWitchvip
· 10-19 01:25
Let's talk about something big later...
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