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From the 15-minute Candlestick chart, BTC has rebounded from a low of 85226 to 88449. There is a repair demand after the short-term oversold condition, but the confidence of long positions is insufficient, making the rebound more like a "technical pullback"; currently, it is in a consolidation range of 88000-89000 and has not yet formed a trend reversal.
The current resistance level is at 89177, and a breakthrough would allow for further upward movement; as for the point at 85266, if it continues to test the bottom, this level is a key support.
BTC can be consolidated around 89000 to 89500, targeting a look towards 86000.
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