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#数字资产市场动态 The recent market trend is indeed quite interesting. Over the past seven days, the increase has reached 4.41%, with the price rebounding from the lows of $1.75 and $1.85, showing signs of a bullish short-term trend. The bulls are still strong, and pushing up to the $2.00 mark is within reach. If a breakout occurs, there’s also a chance to test the weekly supply zone at $2.50.
However, on a macro level, Bitcoin is still stuck around $90,000, which significantly limits the overall upside potential for altcoins. The long-term bear market sentiment has not yet dissipated, so don’t be fooled by short-term rebounds.
In terms of trading, short-term traders can consider reducing their positions in the $2.00 to $2.10 range, and it’s important to take profits when the market looks good. Conversely, if the price falls below $1.82, the bullish logic will be broken, and a reassessment will be necessary. Overall, such rebounds are suitable for swing trading, but if you are a long-term holder, you should remain cautious and keep an eye on support and resistance levels.