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5.20 Afternoon Thoughts
Focus on the key level of 105500. If it breaks below this point, it indicates that the 1-hour level will enter a correction mode, with key support zones to pay attention to at 104700-103800-102757.
When Bitcoin stays above 105500, all cycles are in a dominant pattern, likely to continue the upward trend. At this time, the resistance levels above are 107100, 108330, and 109980.
The same applies to the two pancakes; it will lag behind the large pancake a little. Little investors shouldn't be afraid of it flying solo. Just hold patiently. Pay attention to the support below at 2534, 2509, 2474.
Resistance levels at 2588, 2648, 2738
These positions nearby can serve as a reference for Dian Wei to build.
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