BTC Afternoon Market Observation: Moderately Grasping the Rhythm, Rationally Viewing Opportunities

The current price of Bitcoin has rebounded to the range of $111,000 - $112,000, achieving a daily increase of about 1% - 2%. However, market sentiment remains cautious - the Fear and Greed Index has dropped to 48, which is in the neutral zone, reflecting the rational wait-and-see attitude of current investors.

Although there are supportive signals from the Federal Reserve, such as a warming expectation for interest rate cuts, Bitcoin briefly surged to $117,000 earlier but failed to form sustained momentum and has experienced a phase of pullback adjustments. This also indirectly reflects that the market still needs time to digest the favorable news.

From a long-term perspective, there are still positive signals worth noting: if the price can pull back to the range of $110,500 - $111,000, it may be worth considering low-positioning based on one's own risk tolerance; in the short term, attention should be paid to the breakout situation at $112,000 - $113,000. If it can stabilize there, it is expected to push towards the target near $115,500. Market volatility always exists, and it is recommended to maintain patience and respond to potential opportunities with a steady rhythm. #BTC走势分析