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In the morning, Bitcoin stabilized and rebounded after testing around 84000. During the day, it was repeatedly suggested to rely on low-level support to layout long orders, aiming towards the 86000 line. Subsequently, the price steadily rose, reaching a high of 85974.9 in the evening, closely aligning with the expected target. During this period, market sentiment gradually warmed up, with short-term funds continuously flowing in, pushing the price to break through key resistance, with long positions taking the lead. Although the daily high faced slight pressure, the overall rebound structure remained intact, laying the foundation for subsequent consolidation.
The current price is in a narrow range below 86,000, and the short-term long and short game is intensifying. From the point of view of the pattern, there is obvious selling pressure at 86000 above, and the repeated surges have not been broken, indicating that further consolidation is needed in the short term; The lower support can pay attention to the 844000 range, and if the retracement is not broken, the pattern of more shocks remains unchanged. If the price tests the pressure near 86000 again, you can try to short in a light position, and the target is 84000; If the retracement support stabilizes, it will continue to be much lower. It is necessary to be vigilant against repeated market shuffling at a high level, strictly control positions, and avoid chasing up and down. The trend is still bullish in the big cycle, and it is expected to accumulate strength again after the short-term adjustment.
Short-term operation suggestions:
Bitcoin is short around 86,000, and the target is around 84,200; The aether is empty around 1650, and the target is focused on the 1600 area.