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May 29th Bitcoin Morning Public Strategy
The 15-minute cycle Bitcoin formed a high point at 73932 and then oscillated downward after a correction, with the current price breaking below 73500, the short-term support and resistance level, entering a high-level weak adjustment channel. The intraday high and low points are 74355-72556, with an amplitude of about 2.4%, generally in a high-level oscillation digestion pattern.
Trading suggestion: When the price retraces to around 72800-73000, consider placing buy orders, targeting 73500-74000
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