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🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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#数字资产动态追踪 Yesterday's rebound was quick to come and quick to go. In the end, the daily chart still maintains a weak pattern and hasn't broken through the key resistance.
This is when execution is most tested — positioning at high and low points; middle prices are easy to get trapped.
From a technical perspective: 88,000 is the current resistance level (if it can't hold, it indicates a weak market), with support below at the 86,800 to 86,300 range. If this line also breaks, be prepared for a drop to 84,500, and in extreme cases, even down to 80,000. Conversely, once it breaks above 88,000, the upside potential points to 90,000.
Simply put, focus on two extremes — either exit at high resistance points or add positions at low support levels. The ambiguous middle prices are often the easiest to get caught in.