The new week of market trends has officially kicked off as scheduled. Looking back at the past week, the market dynamics have gradually become clearer — after completing a bottom exploration and recovery at the beginning of the week, the overall market has remained entrenched in a range-bound consolidation pattern, failing to produce a breakout trend with a clear direction. This situation reflects the current balance of power between bulls and bears, while also laying the groundwork for many points of interest in the new week's trend. From the performance of key levels, the support strength at the 110000 threshold for Bitcoin is particularly notable. Last week, the market tested this level several times, yet each time it was able to quickly recover lost ground, failing to form an effective breakout. This not only highlights the strong buying support behind this level but also injects a shot of confidence into the market, leading investors to have a relatively clear expectation of a short-term bottom. Coincidentally, Ethereum's resistance at the 4250 line also demonstrated strong bearish resistance, steadfastly holding its ground amid market fluctuations. It resonates with Bitcoin's 110000 threshold, together forming the core support zone of the current range, becoming an important cornerstone for the stable operation of the market.


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For the market trend in the new week, there are many variables and expectations. To break the current stalemate of fluctuations, several key signals need to be monitored. From the perspective of the possibility of a breakout upwards, if Bitcoin can firmly stay above the 110000 level and make a push towards higher points, while Ethereum can also break through the resistance at the 4250 line, accompanied by a significant increase in trading volume, it could mean that the market will break out of the range-bound pattern and start a new round of upward trend. However, during the upward breakout process, the performance of the key resistance level above will be an important test that investors need to pay close attention to. Conversely, if the support at the 110000 level for Bitcoin and the 4250 line for Ethereum fails, leading to a sustained downward trend in the market, it could trigger panic selling among investors, causing the lower edge of the range to be broken and further downward space to open up. Of course, such a situation requires strong negative factors to drive it; otherwise, it is difficult to achieve solely based on the market's own strength.

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Relying on the core support level and the upper resistance level, engage in high selling and low buying operations within the range, but strictly set profit-taking and stop-loss points to avoid significant losses due to sudden market fluctuations. For long-term perspectives, the current volatile market may be a good opportunity for observation and layout. Closely monitor changes in market fundamentals and technical signals, and wait for the trend to become clear before taking action. The curtain for the new week's market has already been raised, and the breakthrough waiting and opportunity exploration under the volatile pattern will become the main theme of the market. Whether it's the bulls building momentum for an attack or the bears waiting for an opportunity to suppress, it will resonate with every investor's heart. Let's remain vigilant, make rational judgments, and capture our own opportunities in the unpredictable market. For more details, follow the Yi Bo live broadcast room to chat together.
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MakeSteadyProfitsvip
· 09-08 15:12
Hold on tight, we are taking off To da moon 🛫
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ShizukaKazuvip
· 09-08 14:19
冲就完了💪
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SonOfBlessingsvip
· 09-08 13:35
Hold on tight, To da moon 🛫Hold on tight, To da moon 🛫Hold on tight, To da moon 🛫Hold on tight, To da moon 🛫
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StruggleLifeGoalsvip
· 09-08 11:55
Take me along, experienced driver 📈
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StruggleLifeGoalsvip
· 09-08 11:55
Sit tight and hold on, we're taking off To da moon 🛫
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StruggleLifeGoalsvip
· 09-08 11:55
Just go for it💪
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StruggleLifeGoalsvip
· 09-08 11:55
Just go for it💪
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