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The Bitcoin price has reached a key level of $113,988, a number that holds significant psychological importance and coincides with the lower band line in Technical Analysis. From a market perspective, we may have already touched the bottom of this round of adjustment. As long as the price does not fall below this level, we can consider it a solid bottom support.
In the current market environment, investors should seriously consider the opportunity to buy at the bottom. Rather than leaving funds idle, this may be the best time for strategic investment. The market often breeds turning points when pessimism is at its peak, and the current price levels may provide long-term investors with an extremely attractive entry point.
Despite the recent negative impact from factors such as the U.S. imposing tariffs, the cryptocurrency market has experienced a certain degree of correction. However, based on historical experience, such external shocks tend to only cause short-term fluctuations. As Ethereum approaches its tenth anniversary milestone, the fundamentals of the entire industry remain strong.
Investors should remain rational and focus on the market fundamentals rather than being swayed by short-term fluctuations. The current market conditions may indicate that a strong rebound is imminent. However, it is also important to remember that the cryptocurrency market is highly volatile, and investors should conduct thorough research and risk assessment before making any decisions.