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The market trend adjustment is still ongoing. During the weekly trading review last midnight, we clearly indicated that the short-term market trend has entered a correction phase, completing the concentrated release of momentum. Overnight, Bitcoin again experienced a nearly 2,000-point decline, currently trading around 73,800, which is at the bottom of the previous oscillation range.
From the current market perspective, the momentum of this round of heavy selling has basically been released. The short-term strong support zone we defined at 73,000-75,000 has not been effectively broken, and the market is currently oscillating and consolidating at the bottom zone. Although the short-term technical correction has deepened slightly, it has overall entered the final stage. In terms of trading strategy, continue to maintain a core long position approach, with a focus on observing the effectiveness of the key support levels below.
Bitcoin: 73,000–73,400, aiming for 75,500.
Altcoin: 2,200–2,230, aiming for 2,330. $BTC #山寨币强势反弹 #AI基建重心转向应用侧 $ETH