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Hello everyone! Bitcoin experienced a pullback after reaching the important resistance level of 120,000 yesterday, and today it shows a falling trend. Market participants are now following whether Bitcoin can challenge the 120,000 mark again tonight. This question has sparked widespread discussion.
According to the latest technical analysis, investors are advised to consider looking for long opportunities in the range of 117,850 to 118,100. The resistance levels above are located near 118,655, 119,000, and 120,000. These key price positions may influence short-term trends.
In the current market situation, it is important to maintain a cautiously optimistic attitude. Closely follow market trends and make investment decisions based on your own risk tolerance. Remember, the cryptocurrency market is highly volatile, and investments should be made with caution.
Let's follow the market developments tonight and see if Bitcoin can break through the current resistance level and return to the 120,000 level. Regardless of the outcome, continuous learning and market analysis are key to improving investment skills.