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#山寨币行情即将到来？# This evening's market shows that the price of Bitcoin first rose and then fell, experiencing a pullback from a peak, with the price touching a low of 114616, but there are already obvious signs of buying support at that level.
From a technical perspective, the 11450-11480 area constitutes the current key support zone. If this range can be effectively maintained, the market is still expected to initiate a corrective rebound; on the upside, the 11580-11650 range has formed a clear resistance zone, and only by successfully breaking through this area can conditions be created for a push towards the 11700 level.
Investors need to pay close attention. If the subsequent trend fails to hold the support level of 11450, the market may further dip to around 11380 in search of lower support. The current market is at a critical technical position, and short-term fluctuations may intensify. It is recommended that investors manage their risks well.