#内容挖矿更新 From the latest market dynamics, the previous optimistic expectations around interest rate cuts have been denied by market performance. Originally, under the generally bullish sentiment in the market, Bitcoin did not rise but instead fell, with the price sliding down to around 109000, confirming the judgments of the short positions.



Current market condition analysis shows that there has not been a significant rebound after the decline, only presenting regular repair characteristics. The hourly chart clearly shows a trend dominated by short positions - after each price surge, it fails to stabilize and falls back again. In the short term, there is a lack of rebound momentum, and the market tends to continue to decline.

The technical analysis indicates that the range of 110500 to 111500 may become a new resistance area, suitable for considering short positions. The initial support target below focuses on the level around 108000. If the 109000 support is effectively broken, the price may seek lower support levels. Currently, following the short positions trend is a relatively wise choice. $BTC $ETH $BNB
BTC-3.33%
ETH-4.91%
BNB-4.81%
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CommunitySlackervip
· 20h ago
Got slapped in the face again.
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SudoRm-RfWallet/vip
· 20h ago
Feeling doomed, don't look too much.
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gas_fee_therapistvip
· 20h ago
The bull run is dead. Can we have a big dump first?
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zkProofGremlinvip
· 20h ago
Again, bearish traders have won...
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