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The Bitcoin market has recently continued its oscillating recovery trend, with a noticeable increase in the strength of recovery compared to before. Although the market liquidity was relatively low on Monday, leading to a slightly slow overall pace, the core characteristic dominated by long positions remains unchanged. During this oscillation, upward momentum is continuously accumulating.
Analysts point out that there is a buying opportunity for Bitcoin prices in the range of 113800 to 114000, with an expected rise to the level of 115800. This judgment is based on the current technical analysis of the market and overall trends.
It is worth noting that this rebound in the cryptocurrency market comes at a time when the global economic environment is complex and ever-changing. Recent statements by Trump regarding the Federal Reserve Board, changes in the number of initial jobless claims in the U.S., and the upcoming digital asset report from the White House may all impact the market.
While investors pay attention to the trends of Bitcoin, they should also closely monitor changes in these macro factors. Although the market may experience fluctuations in the short term, the long-term development prospects of the cryptocurrency industry are still generally optimistic. However, considering the high uncertainty of the market, investors must remain cautious when making decisions and comprehensively consider various factors.