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The early morning market still shows a sluggish trend, with a second rebound attempt to test around 69,500. Recently, the market has been under pressure and pulling back overall. The price currently remains around 68,500, continuing to fluctuate within a range. The mistress's trend is synchronized with Bitcoin's movement; the second rebound touched around 2,050 before facing resistance and pulling back. Two key resistance levels have been touched. Our morning strategy has been validated again: the market's rebound focused on two key resistance levels, which responded as expected. If the market retraces to critical levels without breaking the trend, the overall trend remains intact.
The short-term rebound is relatively strong, with the price recovering near the upper band of the four-hour chart, but the Bollinger Bands are narrowing again after the three-line convergence, indicating a potential adjustment phase. Currently, the market faces resistance near the key support and downtrend line around 69,500. Whether the market can break above this level is particularly important. The current short-term decline is a correction, with a second test not breaking the support at 67,500. The bullish trend remains unchanged.
Bitcoin can be bought around 67,500-68,000, aiming for around 69,500. The mistress can be bought around 1,960-1,980, aiming for around 2,050. $BTC $ETH