This Monday, the Crypto Assets market exhibited significant Fluctuation. Bitcoin's price fell as expected in the morning, dropping by 900 points, attracting market follow. However, this rapid fall did not persist, and signs of recovery emerged in the afternoon.



From a technical perspective, the four-hour chart shows that the price is under pressure at the mid-track position but has not breached the support level, demonstrating a certain level of resilience. The market typically experiences repair demand after a sharp fall, so adding short positions in the short term may not be wise.

The hourly chart shows signs of a reversal after a continuous fall. The bearish strength seems to struggle to keep pushing the price further down, while the moving averages exhibit a certain degree of convergence, suggesting a potential short-term correction.

Based on the current market situation, investors may need to adjust their strategies. It is recommended to follow long opportunities in the range of 114800 to 115300, with target positions set at 115800 to 116300. However, if the high level cannot be突破, it is necessary to remain vigilant about the possibility of another fall.

It is worth noting that although the market has experienced a pullback, investors should remain cautious. The Crypto Assets market has always been highly volatile, and any investment decision should be based on a thorough risk assessment. At the same time, the global investment landscape is constantly changing, and investors need to closely follow the policies and market trends in various regions to make more informed investment choices.
BTC-2.74%
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FlashLoanKingvip
· 08-19 00:29
Gotta fool the suckers again, brothers.
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MaticHoleFillervip
· 08-18 16:54
You are pretending to be a prophet again, right?
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MevHuntervip
· 08-18 05:51
Don't panic, it's an old trick to play people for suckers.
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SelfSovereignStevevip
· 08-18 05:40
The bottom is about to break through, what are you panicking for?
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ZKSherlockvip
· 08-18 05:39
actually... the market's probabilistic behavior exhibits fascinating information-theoretic patterns
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DeFiGraylingvip
· 08-18 05:33
Short positions notes: A big market movement is coming soon.
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MEVHunterXvip
· 08-18 05:22
Just Be Played for Suckers.
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