In the one-hour chart, the price continues to stay above the middle band of the Bollinger Bands, maintaining a pattern of oscillating upward. However, the recent several candlesticks have noticeably long upper shadows, indicating increased resistance at higher levels, and the short-term technical pattern is becoming more indecisive. Moving forward, it is important to pay close attention to news developments and be alert to potential catalysts that could trigger a breakout. The early trading strategy can still focus on buying the dip after a pullback.



Bitcoin: Around 88,000-87,500, with a dip to 87,000 if needed, aiming for a target of 89,000-90,200
BTC-0,68%
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