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The coin price ended its previous rebound repair early this morning, rebounding again to above 89,000. With the closing of the US stock market, the coin price continued the previous retracement trend. However, the coin price did not experience a significant dip, but instead entered a sustained sideways narrow pull phase around the 88,000 mark. The short-term short order idea I provided early this morning was also accurately realized again, and the short-term short order that I guided my students to set up in the morning also gained precise profits and exited. The thought process, strategy, and market sense remain consistently accurate online. Friends who have not been performing well in recent real trading may consider following this thought process and rhythm; perhaps a simple choice could change your current situation.
Looking at the four-hour chart of Bitcoin, the price has rebounded continuously to the upper track without a significant pullback after a series of bullish candles. Currently, the price is in a sideways consolidation phase with alternating small bearish and bullish movements. After a substantial pump, the price did not follow the expected pullback trend. This movement indirectly reflects that after a prolonged and significant dip, the market's panic sentiment has eased somewhat, and there are signs of a gradual recovery in bullish momentum. The gradual halt of the price decline is the initial signal for a sustained rebound in the future. From a short-term hourly chart perspective, the price is experiencing a series of bearish pullbacks, testing support at the mid-track before alternating small bearish and bullish movements again. The overall pattern is a slow upward adjustment with some pullback. The consecutive long lower shadows also indicate that there is strong support at the current hourly mid-track. The chart is providing some signals for a halt in the decline. It is not difficult to see from the gradual upward trend of the Bollinger Bands that there is still potential and trend for further upward breakthroughs in the future. One can participate in the layout with the mindset of buying the dips.
The big coin is long near 87500, pay attention to near 89000, the second coin is long near 2880, pay attention to near 3000.
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