The Bitcoin market has recently shown significant volatility. Two hours ago, the support level of $1180 demonstrated strong defensive capabilities. Subsequently, the price quickly rebounded, advancing towards the $1190 threshold. This k-point level of fluctuation undoubtedly provides lucrative profit opportunities for short-term traders.



The current market conditions seem more suitable for swing trading, and long-term holding strategies may temporarily struggle to achieve ideal returns. For investors who have already entered the market, considering taking profits when achieving about 1k points might be a good choice.

It is worth noting that the drastic fluctuations in Bitcoin prices may be related to some recent macro events. For example, some listed companies are adjusting their cryptocurrency reserve strategies, which may have a certain impact on the market. In addition, the recent tariff agreement reached between the United States and the European Union may also indirectly affect the overall atmosphere of the cryptocurrency market.

In such a volatile market environment, investors need to remain vigilant, closely monitor market trends, and make informed investment decisions based on their own risk tolerance. At the same time, it is important to be aware of the risks that severe fluctuations in the short term may bring, and not to blindly chase after rising prices or sell off in a panic.
BTC-1.95%
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AirdropFatiguevip
· 08-01 02:43
Still buying the dip.
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Frontrunnervip
· 07-29 08:41
play people for suckers endlessly
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notSatoshi1971vip
· 07-29 08:30
Went to watch a show after spending 1200.
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CryptoAdventurervip
· 07-29 08:23
All in and it's done. Retail investors are afraid of the fall, but I just want to buy.
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