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3.10 Bitcoin Morning Analysis
Daily Chart Level: Bitcoin has rebounded and stabilized in the $67,000-$68,000 range. The RSI indicator has entered the oversold correction zone, and the downward momentum continues to weaken, indicating a clear short-term rebound signal.
- Weekly Chart Level: $65,500 is a strong medium-term support level. Holding this level maintains the integrity of the medium-term bullish structure, and the trend remains unchanged.
- Key Resistance Level: Once the price stabilizes above $70,000, it will open a new upward space. Personally, I suggest that the first target in the $68,500-$69,000 range should look towards the $71,200-$72,500 zone.