This Friday evening, the cryptocurrency market exhibited a complex clearing heat distribution. The main clearing hotspots concentrated between 117,000 and 118,800, with strong clearing pressure around 120,500. Below, another clearing concentration zone formed between 115,000 and 114,000, and there was also significant clearing pressure below 112,500.

Another important indicator shows that the clearing heat mainly focuses on the range above 3,750 to 3,800, while below it is concentrated between 3,670 and 3,630.

Based on the current distribution of clearing hotspots, the market trend may exhibit the following situations:

On the upside, around 117,000 may become the primary resistance level. If this level is broken, then the secondary resistance around 118,500 should be monitored. If the trend is strong, the area above 119,500 could become crucial.

On the downside, the area around 115,800 may provide initial support. If this level is breached, 114,800 will become a secondary support point. If there is further decline, the area below 114,000 may become a key support zone.

For another indicator, the upward trend needs to focus on the performance in the range of 3,750 to 3,800, while the downward trend should closely monitor the support strength above the area of 3,680 to 3,650.

In the current market environment, it is especially important to strictly adhere to trading plans and set reasonable stop losses. Taking profits promptly after gaining in a range-bound fluctuation is a wise move.

Recent market hotspots include a large digital asset company's sell-off of Bitcoin, Ethereum trading volume surpassing Bitcoin, and developments in U.S. artificial intelligence policy, all of which may impact the encryption market. At the same time, the overall market is showing a correction trend, and the behavior of large holders is also worth paying attention to. The trends of major cryptocurrencies such as Bitcoin, Ethereum, and Solana will continue to be the focus of the market.