The performance of the Bitcoin market recently has been astonishing. As August comes to an end, many investors originally expected that the potential interest rate cuts in September would drive the market to rise. However, the market does not always develop according to public expectations.

Currently, the market focus should be on the EMA120 moving average, which is considered the dividing line between bull and bear markets. In addition, the price range of 110,000 to 100,000 dollars is also worth close attention, as it may be an important price adjustment zone.

In the face of the current market situation, investors should not overly focus on short-term fluctuations. Instead, maintaining a long-term perspective and paying attention to fundamental factors may be wiser. The market is always full of uncertainties, and excessive expectations often lead to disappointment.

What will the future trend of Bitcoin be? There is no simple answer to this question. However, by closely monitoring key technical indicators and price levels, investors can better grasp market movements and make more informed investment decisions. In this rapidly changing cryptocurrency market, it is crucial to stay calm and rational.