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#BTC Main trend update | Wave 4 correction is still ongoing
Bitcoin sharply dropped in early Monday trading, briefly falling below 77K.
On the news front, the market fears that the U.S. may restart military strikes on Iran, boosting risk aversion sentiment, and risk assets are under short-term pressure.
From a technical perspective, the main trend is still testing Wave 4 correction, with the current correction target remaining around 74.1K. If the price retraces to this area and stabilizes, it is expected to become an important low-buy zone for the next rebound.
Trading strategy:
📉Short-term mainly follow the trend for long positions
📍Focus on support areas below 75K
📈After retesting key support, consider gradually adding long positions in batches
Pay attention to the rhythm, avoid chasing highs and selling lows.
#BTC #比特币 #BTCUSDT