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In the morning, the BTC market still shows no clear directional guidance. Last night from 8 PM to 1 AM, there was a strong rally with three consecutive bullish candles, pushing the price up to around 81,999. It was unable to effectively hold above the 82,000 level, and the overall market continues to maintain a range-bound consolidation pattern.
As the consolidation time progresses, the short-term oscillation pattern is about to break in a new direction. Based on a comprehensive analysis of the market structure and cycle patterns, the overall trading strategy today is mainly to follow the trend and look for bullish opportunities.
Mufeng's trading suggestions
BTC: Rebound to the 80,600-80,100 range for phased multiple long positions, with the upper target at around 81,600.
ETH: Pullback to the 2,250-2,235 range to enter long positions, with a short-term target at 2,410.