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12.8 BTC Morning Market Analysis
In the 1-hour trend, after two days of sideways movement, Bitcoin dropped to around 88,000, but the bulls quickly pulled the price back, indicating intense competition between bulls and bears. From a technical perspective, both the middle band of the Bollinger Bands and the EMA monthly line can support the price. With the Fed's rate cut approaching, it's suitable to build positions in batches during pullbacks.
Operational suggestion: Buy in batches at 88,100-89,000
Target: 91,800-93,200
$BTC