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Morning Bitcoin Analysis
Analysis: Rebound around 645-650 to do a short, watch 635-620, support at 655
Bitcoin surged to a stage high and then started a continuous decline, with both moving averages turning downward simultaneously, forming persistent resistance. The rebound highs keep moving lower, and each time it touches the moving averages, it faces resistance and weakens. The bullish rebound momentum continues to exhaust, and the overall downward trend is clear. The current slight upward correction is only a weak recovery, with insufficient upward strength. The future market should rely on moving average resistance to rebound and short#我的Gate交易时刻 $BTC