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Midday Analysis
Suggestion: Bitcoin around 78,500-79,000 for a rebound, watch 77,500-77,000
Second Bitcoin 2,315-2,335 for a high-altitude entry, watch 2,280-2,255.
This early morning upward move is just a short-term trap to lure buyers and boost prices, entirely a prelude to a bearish trend. The long-term daily chart and four-hour timeframe show a confirmed weak pattern, and the hourly chart repeatedly closes lower, breaking downwards. Bullish rebounds are weak and face heavy resistance, unable to stabilize the market. Stick to trend-following trading principles, avoid chasing longs or bottom-fishing, follow the main bearish trend, and securely capture profits from this decline. #美国寻求战略比特币储备 $BTC