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Morning analysis of BTC strategy by Wenxi
The current Panshi shows that BTC has experienced continuous rebounds at the four-hour level, but the bullish momentum is clearly insufficient. The key resistance level above has not been effectively broken, and the overall pattern still leans towards bearish.
From the one-hour technical perspective, the price quickly fell back after a brief surge, forming a bearish engulfing or dark cloud cover pattern on the hourly level, indicating that the short-term rebound may have already ended.
Operation suggestion: Short at 93100~92800
Target: 91600, 90600