From last night to early morning, the hourly level tried to break through the daily resistance level several times, but failed, and then fell back slightly and stabilized.

Judging from the daily chart, this is the second failed attempt to break through this week. If the market still fails to break through tonight, will there be a third chance?

However, as usual, "once and again, three times, three times exhausted", if it fails to break through again tonight, the market may enter a period of volatility, which will last until next week's interest rate meeting.

During this period, market momentum may gradually weaken, leading to a volatile downward trend. Although U.S. stocks performed well at the close of the early morning, the performance of cryptocurrency markets such as Bitcoin (BTC) appeared to be relatively weak.

In the short term, more funds flowed to markets such as gold, U.S. stocks and U.S. bonds. At present, BTC can attract limited funds.

The challenge facing BTC is that if it fails to break through the current resistance level, its market attention may decrease; if it succeeds, it will need sufficient market attention to drive prices up.

From an optimistic point of view, multiple attempts to break through may have relieved the pressure of some resistance levels, providing a possible basis for the third breakthrough.

However, the sentiment in the Asian market remains low, and it is recommended to pay attention to the market dynamics tonight.

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