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The Bitcoin market has experienced remarkable changes today. Although personal matters have prevented timely updates to the analysis, the corrective rally predicted yesterday has indeed arrived as scheduled, bringing a significant rise of 1500 points for followers.
Currently, from a technical perspective, Bitcoin is encountering short-term resistance around $1170. For tonight's trading strategy, it is advised to remain flexible: if the price breaks through this resistance level, you might consider establishing a short-term long position; if the price is suppressed, you may need to consider a short strategy.
The recent price fluctuations of Bitcoin have sparked market interest in its liquidity status. At the same time, the market is closely following the Federal Reserve's attitude towards Bitcoin and the possible policy measures it may take, as these factors could have a significant impact on Bitcoin's future trend.
In the current complex and ever-changing market environment, investors need to remain vigilant and closely follow market trends and various influencing factors in order to make informed investment decisions. Continuously following professional analysis and market trends will help better grasp Bitcoin investment opportunities.