Based on past oversold rebound experiences, if the next day cannot break through the high point of the rebound on the same day, there will be a significant pullback in the afternoon. The high point of Bitcoin is 79,288. If it breaks through, it will test the 80,000 resistance. Based on experience, it is unlikely to break through the first day's rebound high, and a false breakout with a spike cannot be ruled out. Aggressive small-position traders can consider shorting around 79,288, while conservative traders can wait for a false breakout at 80,000 before shorting. The above is purely personal opinion and should not be taken as investment advice.
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Based on past oversold rebound experiences, if the next day cannot break through the high point of the rebound on the same day, there will be a significant pullback in the afternoon. The high point of Bitcoin is 79,288. If it breaks through, it will test the 80,000 resistance. Based on experience, it is unlikely to break through the first day's rebound high, and a false breakout with a spike cannot be ruled out. Aggressive small-position traders can consider shorting around 79,288, while conservative traders can wait for a false breakout at 80,000 before shorting. The above is purely personal opinion and should not be taken as investment advice.