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Conduct technical analysis from the perspective of "investor behavior," rather than just looking at charts.
Bitcoin is currently not just fluctuating between support and resistance levels...
It is undergoing a stage of self-reassessment by investors.
At around $86,000, two types of behavior emerged:
Long-term investors see this as an opportunity to gradually build their positions.
Short-term traders are closely watching whether the pullback has ended.
This caused price fluctuations, but from a psychological perspective, it is actually quite "logical". #BitcoinPriceWatch