Monday has arrived once again, and tonight the US stock market is about to open its trading session. Based on the current situation of the US stock market, it has the potential for a rebound, especially against the backdrop of Bitcoin having successfully and firmly broken through the key psychological price level of 100,000.
Thus, people can’t help but wonder whether, alongside the implementation of interest rate cuts, the adjustment of the US stock market will come to an end, potentially triggering a rebound and consequently driving cryptocurrencies like Bitcoin to launch a new assault towards previous highs?
Within the realm of cryptocurrencies, Bitcoin is undoubtedly the core focus. As long as Bitcoin's trajectory is clear and steadily rises to a specific range and maintains that level for a period, then after undergoing the corresponding consolidation phase, altcoins will likely experience a catch-up phenomenon.
Therefore, the next two days are of great significance; we must accurately discern whether Bitcoin's rise is genuinely reliable or merely a deceptive trap to mislead investors. Especially at this extremely sensitive time threshold, we must remain vigilant at all times and closely monitor market risk conditions. When opening trading positions, it is essential to remember to set stop-loss levels to guard against the adverse effects that may arise from potential market volatility.
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