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Bitcoin continues its strong momentum recently, with the upward trend fully established. The current price has surged to around 93,400.
From a technical perspective, 93,500-94,500 is a strong resistance zone formed by previous dense trading. In the afternoon, the market is likely to first test and confirm support, with a primary strategy of buying on dips.
Bitcoin: Buy on dips around 92,000-91,500, target 93,500-94,500 $BTC