$BTC

4.1 Bitcoin Daily Analysis

Yesterday, the US stock market reached a new low, but Bitcoin did not break below its recent low, showing signs of support at the bottom. Those without long positions in the short term can wait for subsequent high short opportunities.

Currently, Bitcoin faces downward pressure from the daily level in the 86000 area above, and it has just broken through the short-term resistance at 84000. This position can be considered for a short long position to look towards the daily resistance.

There are strong support signals in the 81300 area below, and in the short term, the bottom area can be observed at 82500-81300-79400.

The market is still in a downward trend at the daily level. Short-term bottom fishing should only focus on the support situation in the bottom area before taking action. For high shorts, just focus on the daily resistance in the 86000 area above.

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