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2.10 Morning Bitcoin Strategy
Based on the current market trend, the key resistance is concentrated around 71,000. The market has tested and attempted to push higher multiple times overnight but has failed to break through and stabilize, indicating significant selling pressure at this level. In the short term, a strong pullback and consolidation are likely. Be sure to manage your positions carefully and adopt a cautious approach.
The overall trading strategy today is to buy on dips.
Wait for the price to retrace to the 69,000–68,000 range, and consider gradually adding to long positions. If it breaks below 68,000, look towards 66,000 and below.
The first target on the upside is 71,000. If a successful breakout and stabilization occur, continue to aim for the 72,000–73,000 region.
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