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Recently, the fluctuation in the crypto assets market has drawn attention. According to the current market analysis, the price movement of Bitcoin shows the following key points:
First, $113,700 is an important support level. If the price stabilizes at this position, a rebound is likely to occur. Investors can formulate corresponding trading strategies based on this.
Secondly, if the price breaks below the support level of $113,700, the next key support level is around $112,000. This price level may attract a large amount of buying interest, making it worth closely following.
On the upside, the range of $115,800 to $116,000 is the first significant resistance zone. If this range is broken, the next resistance level is between $116,500 and $116,900. Both of these ranges may present good selling opportunities.
It is worth noting that the upward trend can only be confirmed when the price breaks through the $118,500 mark again. Before that, the overall market is still in an adjustment phase.
There are many factors influencing the Crypto Assets market, including the United States' increased tariffs, regulatory policy trends, and the development of stablecoins. Investors need to consider these factors comprehensively and make prudent decisions.
Overall, in the current market environment, it is crucial to closely follow the breakthroughs and support of key price levels. At the same time, it is also important to pay attention to changes in macroeconomic conditions and regulatory policies in order to adjust investment strategies in a timely manner.