Bitcoin Market Analysis

【4-Hour Level】

Yesterday, it didn't break through 81200, so we are facing a second test. There are two relatively likely scenarios ahead.

Scenario 1: This is a double bottom pattern at the 4-hour level, and if it stabilizes, it will continue to challenge the resistance level of 81200.

Scenario 2: A slight drop below the previous low of 74508 to induce a short position, followed by another rebound.

If there are other scenarios, they exceed our understanding, so we choose not to act and not to chase shorts.

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