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One-hour RSI enters the overbought zone, shifting from previous weak oscillation to a rebound testing resistance, but the overall daily chart bearish trend has not reversed, indicating a corrective rebound after a decline.
First support at 1750-1760, a breakout without volume will lead to a pullback.
Second support at 1775-1780, four-hour strong resistance.
Short-term first support at 1722-1725; a break below ends the rebound and returns to the downtrend.
Second support at 1690-1700, likely to be broken this week.
The high probability is a rise followed by a pullback.
A low probability scenario is sustained strength in BTC, with volume breaking through 1760 and then pulling back after a rally.
Short positions at 1748-1755, exit at 1725-1700, stop loss at 1765.
Long positions wait for stabilization at 1722-1725 before entering, with a stop loss at 1718.
Prohibit taking long positions at the highest levels.
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