Bitcoin market on January 31st, each pullback of Bitcoin is a good opportunity to short. The market trend is biased downward with oscillation adjustments at the bottom. Currently, it has reached the hourly resistance zone (84807). If the price cannot break through, it will oscillate and adjust within the range of 84807 to 81010. If it effectively breaks below 81010, the price will fall to 76286. If it cannot drop quickly, the market will recover slightly in the short term before continuing to decline. Currently, the bulls are only in a correction phase and do not have an upward trend. #BTC
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Bitcoin market on January 31st, each pullback of Bitcoin is a good opportunity to short. The market trend is biased downward with oscillation adjustments at the bottom. Currently, it has reached the hourly resistance zone (84807). If the price cannot break through, it will oscillate and adjust within the range of 84807 to 81010. If it effectively breaks below 81010, the price will fall to 76286. If it cannot drop quickly, the market will recover slightly in the short term before continuing to decline. Currently, the bulls are only in a correction phase and do not have an upward trend. #BTC