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Bitcoin, benefiting from the positive ADP data, briefly tested the upper side of the previous consolidation range yesterday. After a short breakout in the early morning, the market began to face resistance and pull back.
The upward momentum at the one-hour and fifteen-minute levels lacks follow-through. This rally is merely a low-level rebound and repair, with strong resistance at the upper suppression level.
Currently, it's just testing the top of the box. If it cannot hold, the market will quickly fall back again and oscillate back and forth inside the box.
The highlight tonight is the non-farm payroll data. Tonight will truly determine the short-term direction.
In the rebound resistance area, go short with the trend. Do not blindly chase longs. The rebound is an excellent window for shorting.$BTC #预测世界杯葡萄牙VS克罗地亚