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1.12 Bitcoin Analysis:
A new week has arrived as scheduled, bringing new beginnings and fresh momentum. Wishing everyone good luck!
Over the weekend, Bitcoin mostly maintained a sideways trend, fluctuating around the 90600 level within a range of over 500 points.
From a technical perspective, Bitcoin is currently in a consolidation phase. On the four-hour chart, after a decline, the Bollinger Bands have temporarily flattened, and there are no clear short-term signals. However, looking at the overall trend, the bearish trend is relatively obvious, and the rebound momentum is gradually weakening. The trading strategy should mainly focus on shorting at high points. #GateFun马勒戈币暴涨1251.09% #Gate广场创作者新春激励 #非农就业数据
Big Bull suggestion: Short around 91900-92500, with a target of 90900-89500.
Second Bull: Short around 3160-3190, with a target of 3060-2950.