1.22 Market Analysis: Bitcoin Consolidates at High Levels, Beware of Pullback Risks

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丁君羡
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6 hours ago

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  BTC: The price of Bitcoin is currently hovering around 105,300. Although there was a rebound in the early morning, it has not broken through the previous high resistance on the daily chart. At present, it is still maintaining a fluctuating trend, and without the support of trading volume, it is difficult for the price to break the previous high in the short term. The minor support is around 103,000.

ETH: On the hourly chart, it is currently in the late stage of a converging triangle fluctuation, and there may be a trend reversal at this position. Minor support is around 3,100.

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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