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The cryptocurrency market focuses on Bitcoin’s rebound at key support levels. The video points out that Bitcoin has formed a double bottom structure here and has seen a strong rebound, indicating that prices are expected to rise further and break through recent highs. However, the video also warns that the pullback is too large, indicating resistance to the rise and reminds attention to Bitcoin’s performance at key resistance levels (about $109,500 to $110,000). The video also analyzes the trends of Ethereum, Sorana and Dogecoin, believing that Ethereum and Sorana are similar to Bitcoin, but Dogecoin is relatively weak. Ultimately, the video emphasizes the importance of paying attention to Bitcoin’s trends to other cryptocurrencies and believes that the current time for bulls to perform, but also needs to be wary of signs of obstacles in bulls’ advancement.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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