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The digital asset market has recently witnessed a positive trend, especially since Bitcoin's performance has been striking. Through the recent price movement, Bitcoin has begun to rise steadily after stabilizing around 118000. The price movement shows a bullish trend with multiple breakouts of significant resistance levels, reaching a peak of 123669, which shows strong momentum in the rise.
From a technical perspective, the middle line of the Bollinger Bands provides strong support for Bitcoin, helping to sustain the price rise. At the same time, the MACD indicator shows that bullish strength is gathering, which may indicate that the upward trend still has room to continue. Overall, Bitcoin maintains a clear bullish trend in the short term, with a solid support level and a complete bullish pattern. If the main support level holds, further rise in the future is expected.
For traders, a correction in the market may provide better entry opportunities. However, we must remember that the digital asset market is extremely volatile, and investors should remain rational, manage risks well, and avoid blind buying or holding on to the dip.
In addition to Bitcoin, other major digital assets such as Ethereum are also showing a bullish trend. The market generally expects that if the overall sentiment continues to improve, Ethereum has the potential to challenge the level of 4830.
In any case, investors must remain vigilant at all times while taking advantage of opportunities in the market, and set loss limits reasonably to ensure capital security. The digital asset market is changing rapidly, so it is essential to keep up with market developments in a timely manner and adjust strategies flexibly.#ETH Breaks $4,600 #CPI Data Coming #Tariff Issue New Update