#比特币市场分析# The recent Bitcoin market is really exciting and nerve-wracking! After seeing the analysis from Matrixport, I think Bitcoin might indeed test the $112,000 support level again in the short term. However, this does not mean that a Bear Market is coming; on the contrary, it could be an excellent buying opportunity!

The market currently seems to be in a wait-and-see state, as everyone is waiting for the results of the Federal Reserve's FOMC meeting in mid-September. This is undoubtedly the most important catalyst in the near term. Before that, Bitcoin is likely to fluctuate between $112,000 and $117,000.

For traders, now is a good time to formulate strategies. If there is an upward breakout, it is possible to buy on the rise. If it falls back to around 112,000, then it can be a good opportunity to buy on the dip. In any case, it is important to remain calm and rational.

In the long run, I still have full confidence in Bitcoin. The current adjustment may just be a pullback in the bull market. Be patient, accumulate coins, and believe that a greater rise will eventually come in the future!