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#Strategy加仓BTC Bitcoin daily chart has directly broken below 90,000, and the short-term bears are clearly in the lead. These past two days, it has been oscillating at low levels, but there has been no decent rebound. Every rebound has been suppressed. The most critical point is that the middle band of the 4-hour Bollinger Bands has been completely broken—this was originally the dividing line between bulls and bears. Now that it has broken, it indicates a technical reversal. The previous oscillation pattern has been completely shattered, and now the bears are firmly controlling the rhythm.
The short-term bearish logic for Bitcoin is now very clear. In trading, you can look for opportunities to short within the 89,500 to 90,000 range. The first target for a short is 87,500. If this level is broken again, continue to watch for 86,000.
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