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

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18 hours ago

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  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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