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1.20 BTC Morning Market Strategy
From the daily chart perspective, the bearish atmosphere remains strong, with clear characteristics of a continuous decline. Short-term attempts at a rebound have been quickly suppressed by bearish forces, and the bulls have not yet formed effective counterattack momentum.
The current market trend signals are clear, and the rise and fall of a single K-line cannot change the rhythm of the downward channel's operation. Planning operations in line with the trend rhythm is a more prudent choice at this moment.
Operation reference: It is recommended to set up short positions in the range of 92700-93300, with subsequent targets focusing on the area of 89800-90200.
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