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Jinchuan Morning Bitcoin Outlook #BTC
Short-term trend: The price has just fallen from above 110,000 on the 4-hour chart. Although there is a small rebound, the overall trend is downward, and it is below the middle band of the Bollinger Bands, indicating a weak bias.
The J value of the KDJ is approaching the overbought zone and may turn downward later.
Recommendation: 103,500-104,000, target: 102,000