The market overall shows a pattern of high-level oscillation and consolidation in the morning session. The bulls and bears are temporarily in a balanced game, with no clear trend signal. It is recommended to patiently wait for the market to choose a direction and avoid blindly chasing orders.
The current structure is relatively strong. In terms of operation, focus on buying on dips, strictly control risks, and avoid aggressive chasing of highs.
• Resistance above: Pay close attention to the 70500 level. If it stabilizes above this point, the next target could be higher towards 71000 and beyond.
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2.15 Sunday Morning Bitcoin Market Analysis
The market overall shows a pattern of high-level oscillation and consolidation in the morning session. The bulls and bears are temporarily in a balanced game, with no clear trend signal. It is recommended to patiently wait for the market to choose a direction and avoid blindly chasing orders.
The current structure is relatively strong. In terms of operation, focus on buying on dips, strictly control risks, and avoid aggressive chasing of highs.
• Resistance above: Pay close attention to the 70500 level. If it stabilizes above this point, the next target could be higher towards 71000 and beyond.
• Support below: Focus on around 69000. If it pulls back and stabilizes, consider entering in batches at the right opportunity.
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