Morning Bitcoin Analysis



Bitcoin has been fluctuating back and forth these past two days, with intense battles between bulls and bears. The struggle remains deadlocked. On the 1-hour chart, Bitcoin shows a slight divergence, but the price is slowly rising. Although the bulls currently have the advantage in the short term, I personally do not recommend chasing long positions. Short-term, a higher shorting space would be more ideal.

Suggestion: Trade around 76,500-77,000, watch 75,500-74,500, with a stop loss at 78,000.
BTC2.62%
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