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The digital money market has recently shown a fluctuating upward trend. The price of Bitcoin (BTC) rose from around $115,000 to $119,600, then pulled back to around $118,000. Market analysts generally believe that BTC is in a rebound phase, but there are differences regarding the short-term target price. Some opinions suggest that BTC may rise to $122,000 before experiencing a significant pullback, while another viewpoint predicts a target range between $125,400 and $131,857, although adjustments cannot be ruled out before reaching the target.
Ethereum (ETH) has returned to the $3,800 mark, and market participants are generally optimistic about its potential to break through $4,000. Some investors are holding long positions on ETH, waiting for the price to break through. Notably, some astute traders have chosen to take partial profits at the highs, demonstrating an accurate grasp of short-term market fluctuations.
Solana (SOL) is performing relatively strong among mainstream cryptocurrencies, and investors should closely monitor its trend. Market experts suggest that in the current volatile environment, investors should remain vigilant and seize the potential opportunities brought by adjustments, entering the market decisively at the right moment.
Overall, the cryptocurrency market is still full of opportunities and challenges. Investors need to consider various factors comprehensively and develop a reasonable investment strategy, seizing potential rise opportunities while also paying attention to risk management to cope with possible market fluctuations.