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Early morning BTC analysis
The current four-hour K-line of BTC has formed a bullish engulfing pattern, with short-term bulls attempting a counterattack, and the price has returned above the middle track, but overall it is still oscillating between the middle and lower tracks of the Bollinger Bands.
The MACD death cross has slightly converged downwards, and the bearish momentum has not yet been fully released; the upper resistance remains around 109400, and without a significant breakthrough, short positions are still the main tone.
Short directly near 109300, target around 107200. If it breaks, continue to look lower, with a stop loss set above 110000.
Do not chase the rebound, the short position to get in has come again. #特朗普关税#