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11.27
Midday Thoughts
Bitcoin is currently in an upward trend, with strong technical performance. The simultaneous increase in both volume and price, along with the bullish arrangement of moving averages, has created a clear bullish resonance, further reinforcing the possibility of trend continuation. However, attention should be paid in the short term to the price approaching the strong resistance level of 91839, and the RSI indicator is in an overbought state, which may suppress the upward space and trigger a pullback. Bitcoin: Around 91500-92000, looking down to 89500-88500. Second coin: Around 3050-3100, looking down to 2980-2930.