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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Recently, the Bitcoin market has fluctuated frequently, showing the characteristics of rapid ups and downs. After a brief pullback, the price of bitcoin broke through the $105,000 mark again and regained its foothold.
The current market trend shows obvious range-bound characteristics. Technical analysis shows that the vicinity of $106,000 constitutes a key resistance level. According to the analysis of liquidation data, this rally has the potential to challenge resistance around $108,000. Below, near $104,000 is an important support level.
Investors should pay close attention to changes in the downward trend line. If Bitcoin can effectively break through and hold this trend line, it could trigger further upward momentum.
Market participants are widely expecting this rally to break through the previous highs. However, given the current complex macroeconomic environment, investors still need to remain cautious and pay close attention to market movements and potential risk factors.
It is worth noting that the global financial market has been paying close attention to the monetary policy movements of major central banks recently. These policy developments may have a significant impact on the cryptocurrency market, and investors should remain vigilant and adjust their investment strategies in a timely manner.