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Recently, the Digital Money market has shown a high-level consolidation trend. From the 15-minute chart perspective, although there have been consecutive Bearish lines, there have also been consecutive Bullish lines rebounding, recovering the previous fall. Despite some pullback in between, from an overall spatial analysis, it is still within the normal correction range.
After the local consolidation and correction phase, the momentum of the market's rising volume has slightly weakened. In the short term, the market has entered a high-level horizontal correction phase, which may be accompanied by some fluctuations and volatility. Overall, the current market is still in a local adjustment phase within a bullish trend, and there has not been a significant downward turning point, but the upward momentum has slowed down in the short term.
Based on the current market situation, investors can continue to maintain a cautiously optimistic attitude, focusing primarily on a bullish perspective. It is recommended to consider establishing bullish positions within the range of 108500 to 108800, with target price levels around 110000. However, investors should also closely monitor market changes, adjust strategies in a timely manner, and manage risks.
It is worth noting that the digital money market is highly volatile, and investors should conduct thorough research and risk assessment before making any investment decisions. Additionally, attention should be paid to regulatory policies and industry news, as these factors may have a significant impact on market trends.