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It's another morning waking up to receive a profit-taking email. Last night, we continued our analysis with a bullish outlook and gave a buy signal. The market continued its downward trend, with the lowest dip reaching around 66,200, completely retracing yesterday's gains. We successfully entered our second buy order near 67,800 and took profits smoothly, capturing over a thousand points.
From the current market perspective, the four-hour chart shows a volume-increasing bearish candle, with prices back in the weekend's consolidation range; the Bollinger Bands are narrowing across all three lines, and the middle band has been effectively broken downward, indicating that the previous rally has been fully retraced and momentum is clearly weakening. On the hourly chart, the midnight market continued to test the lower support, with the oscillation center gradually shifting downward, and the volume momentum of the rally diminishing, making it difficult to recover lost ground. Therefore, our morning strategy remains unchanged: continue to look for high-position buy opportunities.
Bitcoin: Buy near 67,000, with a target down to 65,000.
Altcoin: Buy near 2,050, with a target down to 1,950. $BTC #BTC能否守住6.5万美元?