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The market experienced quite a few rebounds tonight. On the BTC side, the bulls around the 87100 level are holding up quite well, with the price rebounding to 88143. I’ve seen some traders close all positions near 88000, while others choose to take partial profits and hold the rest at cost, aiming for the 89000 target.
From a technical perspective, the 87100 level indeed provides some support, and the rebound momentum is decent. The key still depends on subsequent capital flow and overall market rhythm.
There may be new trading opportunities around 2 AM. I will continue to share specific entry points then. If you're interested, you can follow along. Building positions gradually and setting reasonable take-profit levels are always the winning strategies in the market.