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After last night's rapid wash-out, BTC found support at key levels and bounced back, temporarily stabilizing the situation and preventing bears from further expanding their advantage.
Currently, the market remains in intense competition between bulls and bears, with oscillations and reversals being the norm. One-sided trends are difficult to emerge in the short term. From a near-term perspective, a rebound is expected, but its sustainability needs verification. Downside risks exist, but the downside space is relatively limited.
Subsequent moves could go either way, with the key focus on volume and breakouts at critical levels. Personally, I lean slightly bullish while maintaining solid defense. In terms of operations, I prioritize a steady approach and avoid aggressive heavy positions.
Trading suggestions: Long around 2140-2100, targeting 2210-2250 above, and 2300 on breakout
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