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#美国政府停运 BTC's recent trend is quite interesting. The U.S. government has been closed for over a month, and this matter has finally come to an end, leading to a rebound in the crypto world, with BTC's price crawling back to around 105000. ETH also managed to recover a bit. However, don't celebrate too early; the economic data that has been piling up during the shutdown is about to be released all at once. Experts warn that the accuracy of these reports may be compromised, and the market still needs to guard against new fluctuations.
From a technical perspective, BTC's current rebound has hit a hard wall. The price range from 106600 to 107600 is a glaring ceiling—during the last fluctuation, this interval was precisely the bottom. Those who positioned long orders at that time are now, of course, looking to cash out as the price returns to the cost line, which has piled up selling pressure. Looking downwards, the 100,000-dollar mark remains a solid defense line, as the entire network faced a severe liquidation when it dropped below this position a while ago; the market is very sensitive to this number.
The current market characteristics are very clear: neither side is willing to back down. Whenever the price rises a bit, it gets pushed down, and when it falls, it gets supported back up, repeatedly bouncing within a range. In this situation, operations need to be cautious. Want to go long? Either wait for a pullback near the 100,000 mark and bet on a rebound at the support level; or wait for a solid establishment above 106,600-107,600 before chasing, as right-side trading is more reliable. As for going short, you can test around the resistance zone of 106,600-107,600, but once the price breaks through, you must decisively cut losses; or wait for a drop below 104,000 and look for weak rebounds to lay out short positions with a light load, which is also a thought. ETH basically follows the rhythm of BTC, and the correlation is quite strong.