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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
This morning, the price of Bitcoin has reached a new high again, putting many investors in a dilemma about whether they should sell.
Last night, Bitcoin strengthened independently of other cryptocurrencies, reaching a peak of around $124,000. From a short-term perspective, signs of a pullback have emerged. If this is just a temporary correction, the expected support level is around $112,000. If this level can be maintained, the next wave of increases may challenge the key resistance levels of $128,000 to $130,000.
This round of price surge is fierce, causing many investors to worry about whether they have missed the best selling opportunity. However, given the strong momentum that Bitcoin has shown recently, there are also opinions suggesting that this wave of increase may not be over yet.
For investors holding Bitcoin, the current market situation presents both profit opportunities and significant risks. Whether to continue holding for higher potential returns or to cash out at a high point to avoid risks requires investors to make prudent decisions based on their risk tolerance and investment strategy.
Regardless, it is crucial to remain calm and rational amidst such severe market fluctuations. Keeping a close eye on market trends and managing risks well may be the wisest choice at present.