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- 🎄 Gate Square · Christmas Warmth Creation Event
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#美联储恢复降息进程 I want to share a current price idea with everyone, purely based on personal observation.
Looking at the 4-hour cycle, the current position of $BTC at 87800 is quite delicate—above, there is a clear resistance zone from 88200 to 87900, and below, there is a support area from 86500 down to 85700. The market has experienced a pullback in the past few days and is now rebounding for repair, currently right at the lower edge of the pressure zone.
This position can consider placing short orders on rallies, targeting levels of 87000, 86500, and 85700. Friends looking to buy the dip can wait for a pullback to the support zone before entering in small batches, and be sure to set stop-losses to control liquidation risks.
$ETH You can also synchronize and pay attention to the linkage.
The expectation of the Federal Reserve cutting interest rates is still fermenting, short-term fluctuations may be amplified, and being conservative in operations is not a bad thing.