Market Outlook
Touched 74 again but facing resistance in the short term, awaiting 4H close to determine the next move
In last night's analysis, I pointed out that bitcoin hovering around 70,000 was equally probable, but I leaned bullish due to reasons including: 1H-level bullish structure, moving averages, and CB positive basis (although I didn't place a trade based on this)
The market broke out of the triangle convergence this morning. I pointed out that after breaking the triangle convergence, bitcoin might test the 73,500 range
Yi Lihua's short position information also provided theoretical
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