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2.7 Btc Today's Market Analysis:
The big cake rose from $91,130 to 102,456 and then began to shake and fall back, forming a three-wave structure, and the ABC structure in the current oscillation zone has basically been completed.
If it falls to around 93-94, this is a good long opportunity, because the rise from 91,130 to 102,456 can be seen as wave A, and the current pullback is wave B, still lacking a wave C upward movement. The high point may or may not be reached. After the pullback is completed, if wave C is completed, it is very likely to fall again, and there is a high probability of falling below 91,130. In the short term, it depends on whether the market provides opportunities. If it reaches around 93,940 as expected, consider a short-term long position.
In addition, there will be non-farm data released tonight, and it is necessary to pay attention to the impact of the news on the market. If it is bearish, there may be a dip; if it is bullish, it may go up directly. Therefore, it is currently mainly in a wait-and-see mode, waiting for the market to provide more clear signals before taking action.