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Recently, the movement of Bitcoin and Ethereum has been quite interesting. From a technical perspective, the short-term support level below the intraday market for Bitcoin is around 86,500-86,000. If you are more conservative, 85,000-84,500 is a safer line of defense. As long as this area is not broken, there is still room for a rebound.
Looking upward, the short-term resistance level in the daytime market is around 88,500-89,000, and in the evening session, the key level to watch is 90,500. These points are critical prices that have repeatedly appeared recently and are also the areas where the main forces are testing repeatedly.
For traders who prefer medium- and short-term trading, such level divisions can still provide some ideas. By observing the subsequent trend within this framework, you can basically grasp the rhythm. I will continuously update the progress of each cycle, so interested friends can pay more attention to market changes.