Bitcoin experienced a short-term pump after the announcement of favourable information, but there is still uncertainty in the market. Currently, the range of 119500 to 120000 may form certain resistance, and investors can consider setting short orders in this range. If the support level of 118000 can be effectively held, there may be opportunities to go long between 118000 and 118700. However, if the price falls below 118000, it may further test the level of 116300. In this case, investors do not need to be overly impatient and can wait for the U.S. stock market to open before conducting further analysis and decision-making. Overall, the current Bitcoin market still requires cautious treatment, closely monitoring the performance of key price levels, and combining more market factors to formulate trading strategies.

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LiquidityOraclevip
· 9h ago
The market is completely unreasonable.
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PseudoIntellectualvip
· 18h ago
It's time to Short starting with 11 again.
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GasFeeDodgervip
· 18h ago
Licking blood from the blade, huh?
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QuorumVotervip
· 18h ago
Laughing to death, who isn't a sucker?
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