Analysis: BTC’s short-term cost line of 108,800 USD becomes the dividing line between bull and bear markets

The current STH-RP for BTC stands at 108,800 USD, acting as a essential boundary for investor sentiment. A decline past this level could lead to a significant shift from expected profits to losses for short-term holders.

Historical data indicates that after a breakout, recoveries can be prolonged, with the price subject to volatility. Investors should be aware of the support levels between 112,000 USD and 108,000 USD, as breaking these can result in a further decline of 10%-15%. Investors are advised to prepare flexible trading strategies.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts