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Tuesday Midnight Jingyi Trading Strategy Analysis
Bitcoin rebounded strongly from the 62,510 low, with a total increase of over 13%. It broke through the key level of 71,000 with high volume and approached the previous high of 74,050, confirming an uptrend and a market-wide sentiment recovery.
From a technical perspective, the short-term bullish trend is fully dominant. The price is above the middle band of the Bollinger Bands, with the upper band opening upward. The upward structure is clear, and the correction space is significantly compressed.
Key support has moved up to 69,500-70,000 (the previous platform upper boundary, the core defense line for the bulls). Holding this level effectively will continue the trend.
Trading Recommendations
BTC: Buy near 710-702, target 719-730, break to see 740 high
ETH: Buy near 2060-2010, target 2100-2160, break to see 2200
The above is my personal opinion, for reference only
#Gate2月透明度报告