BTC Key Trend Analysis This Week: Consolidation, Not Yet Bottomed!
📌 Currently, BTC is still in a phase of consolidation and has not truly bottomed out. The key point is whether the market chooses to continue the pullback this week or return to an upward trend.
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📊 Key Market Review
• Last week, BTC formed a rebound after hitting a low, but the overall trend has not yet broken through the key resistance level.
• The market is currently in high-level consolidation, with significant divergence between bulls and bears, and the direction is not yet completely clear.
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📅 Key Observation Point: Monday's Trend Determines Market Direction!
✅ If BTC does not continue to decline on Monday and continues to rise after a sideways movement, then the market may continue its previous strong pattern and initiate an upward trend again.
❌ If BTC is blocked at $89,000 and falls again, breaking below $81,000, it would indicate that the market has not yet adjusted properly and may continue to retreat for adjustment.
📌 Bull-Bear Watershed: Around $83,000
• If BTC stabilizes above $83,000, it is expected to continue consolidating upward in the short term.
• If BTC breaks below $83,000, a deeper adjustment is likely to occur.
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