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I thought the market closed calmly yesterday, but unexpectedly, the bulls suddenly gained momentum overnight, causing a sharp rally, repeatedly testing the 820 level and pulling back under pressure. Currently, Bitcoin is fluctuating and consolidating around 815.
A deep V-shaped reversal occurred overnight, but the market clearly showed signs of stagnation and lack of strength. The four-hour level's highs and lows continue to shift downward, with very strong resistance above, and it is not recommended to chase longs before a clear breakout.
This morning's early trading session primarily looks for a pullback and adjustment. Trading suggestion: short in batches between 816-820, targeting 795-785. $BTC #特朗普访华