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At this position of #ETH巨鲸扩大持仓 88000, BTC has tested back and forth several times.
Recently, after that big bullish candlestick was pulled up, it did indeed pull back for a while, but it bounced back before the close—this indicates that bullish funds are still in the market. Looking at the hourly chart, the MACD golden cross structure is currently still stable, although there are signs of a slight narrowing of the momentum bars.
The daily level is more interesting, the bottom divergence pattern is there, and the logic of a mid-term rebound has not been disrupted for the time being.
If you want to enter the market, you can consider placing a long position around 87000, and manage your own stop-loss. Looking upwards, 89000 is a resistance level, whether it can break through depends on the subsequent volume. Remember one thing: during high-level fluctuations, do not chase the rise or fall, wait for the structure to give a signal.
$BTC