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北冥BTC|Feb 07, 2025 09:08
Today is February 7th, BTC price 97050
1. BTC received a long cross star yesterday and was suppressed, but there is also clear support below, which puts it in a dilemma as the contract is not easy to operate
2. In general, there is already a foundation for a significant increase here, and the spot market will continue to be bought and held, which will not change
3. There will be non farm payroll data tonight, let's see if there are any positive factors that can break through and successfully build a bottom
1. BTC closed with a long cross yesterday. As of the time of writing, the K-line shape is still a small cross. Observing at the daily level, there is a moving average band suppressing the upper part, and several support rebounds in the 92000~93000 range below, which creates a dilemma for short-term trading
2. From a general perspective, there is already a foundation for a significant increase here. However, listening to my analysis and logic will not change this point. For most people, the bottoming out or starting point of a significant increase can only be a belated realization. The short-term BTC daily line of 3 negative followed by a gold needle to explore the bottom, and now it is 3 small negative. When the bearish line enlarges, it will attract bargain hunting funds to enter the market
3. Short term trading, taking advantage of BTC's daily decline in oversold areas, choosing to go long on dips has high cost-effectiveness. Today is Friday, and the US will release its non farm payroll data at 9:30pm to see if there is a time window for reaching a low point. Let's wait and see! BTC short-term pressure level 100850~101320, BTC short-term support level 95270~94110
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