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After yesterday's strong rise, the Bitcoin price is currently stabilizing around $116,700. Although the market usually has small fluctuations over the weekend, we still need to closely follow potential opportunities.
Last night, Bitcoin surged to a high of $117,400, followed by a certain degree of pullback. Currently, the market is showing a fluctuation around $116,800, and the overall trend still leans towards bullish.
For short-term traders, it may be worth considering long opportunities near $116,500, with an upward target set around $117,200. At the same time, Ethereum is showing a similar trend, with possible long opportunities near $4,780, and a target price around $4,900.
It is worth noting that although market activity is usually lower on weekends, global macroeconomic events can still have an impact on the cryptocurrency market. Investors should remain vigilant, follow market changes, and adjust their trading strategies in a timely manner.
In the current market environment, it is especially important to remain rational and patient. Remember not to blindly chase highs or sell off in panic, but instead, develop a reasonable trading plan based on technical analysis and market sentiment. At the same time, be sure to manage risks and set appropriate stop-loss levels to ensure the safety of your funds.