After several days of continuous decline, the price reached the bottom support level at 98,800. Multiple attempts to break below this level failed, and the market reversed upward, reaching a high of 104,500. This is a typical oscillating upward trend. In the morning, follow the trend and focus on rebound actions. The main strategy is to buy on dips!
Buy around 103,000-102,500, with targets near 105,000-106,000.
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11.6 Zhang Heng Thursday Morning Bitcoin Market Analysis
After several days of continuous decline, the price reached the bottom support level at 98,800. Multiple attempts to break below this level failed, and the market reversed upward, reaching a high of 104,500. This is a typical oscillating upward trend. In the morning, follow the trend and focus on rebound actions. The main strategy is to buy on dips!
Buy around 103,000-102,500, with targets near 105,000-106,000.