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Details: ht
9.27 BTC Morning Insights
BTC traded sideways yesterday, and at midnight the bulls pushed it up to the 110.2k level, but unfortunately, it was short-lived, quickly retreating after the spike.
Currently, it has returned to the vicinity of 109.4k and is fluctuating. The 4-hour Bollinger Bands are spreading downwards, and the daily technical indicators are all showing strong bearish signals. Short-term operations continue to favor high shorts.
Intraday pullback at the 109.8k-110.4k line to short, targets 108.5k, 107.5k, 105k.