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1.14 Market Analysis: Bitcoin's spike is pulling back, beware of a double bottom.

CN
丁君羡
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1 year ago
AI summarizes in 5 seconds.

Click to view today's video analysis

  BTC: The price of Bitcoin dropped to around 89,500 yesterday before rebounding directly. From on-chain data, the support at 90,000 is very strong. Currently, the daily level is also closing above 95,000. After a short-term rise, the price is likely to consolidate around this level, with short-term resistance near 98,000.

ETH: Yesterday, some positions were picked up around 3,000, and it may be worth considering reducing some holdings. The short-term resistance is quite evident at the 3,320 level.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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Selected Articles by 丁君羡

3 months ago
12.23 Market Analysis: Bitcoin's failure to break through ninety thousand - is it accumulation or distribution?
3 months ago
12.19 Market Analysis: Mild Interest Rate Hike Has Been Implemented, Bitcoin's Negative Factors Have Been Exhausted, Which Is Positive
3 months ago
12.18 Market Analysis: Bitcoin's Extreme Inducement to Long Positions and Waiting for CPI to Arrive
View More

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