Today, Bitcoin has broken below the critical 111k support level, signaling that the recent bull rally may be coming to an end. Watch the rebound structure closely — if BTC fails to hold and drops again, the bearish trend could be confirmed. Meanwhile, Ethereum has just hit a new all-time high, showing that the bull market is far from over. A pullback could provide a better buying opportunity. Also, keep an eye on US stocks and gold, as the Fed's rate cut in September is nearly confirmed, potentially fueling multiple BTC rebounds. Today, Bitcoin broke the key support of 111,000, and the front line is about to expire, which may mean that this round of rise has come to an end. Focus on the current rebound structure. If it cannot stabilize and fall again, the bear trend will be basically confirmed. At the same time, Ethereum has just broken through a record high and the bull market is far from over. It may be a better opportunity to enter after the pullback. In addition, we need to pay attention to the coordinated trends of US stocks and gold. The Federal Reserve's interest rate cut in September was basically confirmed, which will bring motivation for multiple rebounds to Bitcoin. 🔔 Subscribe to the channel and get daily market analysis! 🔔 Subscribe for daily Bitcoin & Ethereum analysis!
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