JiaMiYing
JiaMiYing|Mar 05, 2025 10:16
BTC: Yesterday, a "hammer line" closed at a relatively low level, showing strong support in the 81500-82000 range, accompanied by a certain amount of trading volume, indicating strong support below. In the short term, Bitcoin is still in a wedge-shaped consolidation structure, with upper pressure levels around 94000 and lower strong support around 80000. Overall, Bitcoin is still in the adjustment stage. Although there is a possibility of a short-term rebound, there is still significant upward pressure and it has not broken through the strong pressure of 94000. It is still treated as a volatile pattern and is likely to experience a wide range of fluctuations in the 80000-94000 range at this stage.
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