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Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC
🔥 Monday Opening: Strong Breakthrough, 88,000 Turns into the Floor
Latest Situation:
Weekly Close is Strong: After a weekend of low-volume climb, BTC chose to break upward in early Monday trading (Asian session). The current price firmly stands above 89,000, marking the end of last Friday’s “false breakout” cloud.
Pattern Transformation: The 88,000 - 88,200 zone has completed a key “top-bottom reversal.” Last week, it was the ceiling that heavily pressured the bulls, now it has become the most solid defensive floor for the bulls.
Current Logic: The rally in Monday morning usually indicates the main tone for the week. Since the opening has stabilized above 89k, the main force’s intention is very clear—aiming at the 90,500 watershed. As long as it does not fall back below 88,200 intraday, the trend remains bullish.