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Morning btc chart analysis



The big pancake dropped quite sharply in the early morning, touching around 88,000 — this was expected and I've mentioned it to everyone before.

The market data has rebounded a bit and is now starting to pull back slightly. The hourly MACD indicates that the bearish strength is nearly exhausted, and it might form a golden cross to move upward; although the RSI has turned and dropped below 50, this is just a normal technical pullback. After the pullback during the day, it is highly likely to continue rising.

During the day, consider entering the market between 90500 and 90000, with an initial target of 92100. If this level can be broken, then aim for around 93200!
BTC4.54%
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