3.5 Market Analysis: Bitcoin Bounced Back as Expected, There is Still a Segment Left to Go

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1 day ago

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  BTC: The price of Bitcoin dipped to around 81,500 last night before starting to rebound significantly. Currently, long positions around 82,400 are still being held. From a short-term perspective, the 30-minute level shows a clear central area. As long as it does not drop below 86,000 this evening, the price is likely to rebound upwards again, with resistance around 89,000.

ETH: The rebound is relatively weaker, but it has stabilized above 2,100 on the daily chart. There is an expectation for a short-term rebound, with key resistance above at 2,280.

For more explanations, please watch the video patiently. If you have any questions, you can follow the public account: Ding Junxian.

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