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Recently, the digital asset market has experienced some interesting changes. The main digital asset '饼子' has begun to show signs of rebound after a period of fall. Observing its price movement, we can see that a steadily rising fluctuation range is forming.
From the technical analysis on the 4-hour level, the upward trend is still ongoing. Although there is currently a small-scale tug-of-war between buyers and sellers in the market, it is worth noting that the bullish strength is gradually accumulating and strengthening. This may indicate that there could be stronger upward momentum in the market in the future.
For investors interested in this asset, it may be worth observing the area around 111000. If the price can break through this key level, the next target price may rise to around 111800.
However, we also want to remind investors that the digital asset market has always been highly volatile, with risks and opportunities coexisting. Before making any investment decisions, it is essential to conduct thorough research and risk assessment. At the same time, it is important to closely monitor the overall market environment and various factors that may affect price movement, in order to make more informed judgments.