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The market has experienced a very long period of fluctuation and adjustment over the past month. Currently, it has not yet broken out of a major pattern, and last week finally saw a short squeeze rally. In the past couple of days, it has retested around 91. The current goal is to find support at this level. Overall, the main direction remains upward.
At the 4-hour level, the bearish trend is currently hindered, and the recent retest can be seen as a technical correction. It is still firmly above 90,000. For now, it is just a 4-hour level retracement, and whether on the hourly or 4-hour indicators, short-term support has already formed below. There is no problem with aiming higher around the 91 level this morning.#BTC