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11.13midday
On the daily level of Bitcoin, the first two trading days respectively closed with small fluctuation of a bearish and bullish candle, maintaining an overall range consolidation pattern.
In the 4-hour cycle, there are consecutive bullish candles, indicating a short-term rebound trend is beginning to show; the MACD histogram remains in the negative zone but is gradually decreasing, the DIF line is approaching the DEA line, and the bearish strength is diminishing, showing signs of a potential trend reversal to bullish.
In terms of short-term moving averages, the EMA7 has crossed above the EMA30 to form a golden cross signal, but the EMA120 is still well above the current price, indicating that the long-term trend remains bearish.
The pancake is countering at 104000, around 105000, looking down towards around 102000, if it breaks, looking down at 100800.
The second pie is against the discussion at 3580, near 3640, looking down to around 3450, and if it breaks, looking down to 3380.
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