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2025.3.30BTC
Good afternoon, I just woke up. The weather has drastically changed across the country these past two days, and it's really comfortable to sleep in this chilly weather 😄. BTC dropped all day yesterday and started to rebound slightly during the night. The daily chart for BTC still shows a bearish trend, so the trading strategy should focus on shorting during the rebound. The daily support for BTC is at 85000. For a reversal to occur, the daily close must break above 85000 for the reversal pattern to be established; otherwise, the daily chart indicates a continuation of the downtrend. Currently, the price is near the four-hour resistance level of 83200, so watch for a small level retracement to the support at 83000. As long as the hourly close does not drop below this level, the market will likely move into a four-hour rebound. The rebound resistance is in the range of 84500-85000, and short positions can be considered in this range. As long as the daily chart does not break above 85000, short positions can continue to be held. If the hourly chart retraces and closes below 83000 again, this rebound will end, with further support at 81000-80000.
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