$BTC

3.25 Bitcoin Intraday Analysis

Today, Bitcoin has shown a strong upward trend after a pullback and consolidation. The overall trend continues to maintain a state of fluctuating upward movement, and we expect this trend to continue.

Currently, the rebound target position above is around 89200-89400. Based on the current upward pattern, we can wait for the pressure situation in this area, with expectations of further fluctuations and pullbacks.

In the short term, at least the previous high of 88400 will definitely be broken, and we can wait for short position signals in the future.

Currently, the short-term trend is bullish. In this fluctuating market, it's best to sell high and buy low, focusing on accumulating positions at lower levels. Be patient in observing the intermediate area; the market's movement requires time and patience to wait.

In recent days, the market has gradually warmed up, but I still advise my friends to be cautious during such times, to watch more and act less, and to hold onto key fluctuation nodes. Now, we continue to wait for signals indicating a reversal in the market above.

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