Bitcoin Market Summary Brothers and Sisters;

$BTC Small cycle level adjustment pulls back without breaking the 100,000 mark below, is expected to challenge the 110,000 mark again, short-term operations focus on 101800-10800 here, the rebound resistance above is 104800-105300, a breakthrough is needed to push up to 108000-110000. After the CPI data was released last night, the market didn't have much reaction. Observing the Dow Jones movements in the US stock market may require adjustments, including the recent adjustment in gold prices. Those building positions for the medium to long term can wait. Although a lot of funds have flowed into the cryptocurrency market recently, especially the recent Ethereum rebound, which surged 40% in just a few days and made the trending headlines, attracting many retail investors. During each small cycle adjustment, many retail investors are trying to bottom out. Currently, the time spent in high-level consolidation is still not enough; even if some profit-taking chips come out, they won't liquidate so quickly. Therefore, short-term operations are more suitable recently, while medium to long-term operations in the spot market still need to wait for a significant market adjustment. Always be alert to market risks, adjust your own physical and mental health to better battle the market.