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The Bitcoin 4-hour rebound pattern has been restored. The current 4-hour key support level for bulls and bears is at 66,300.
As long as the 4-hour close does not break below this level, the market will continue the 4-hour level rebound. The upward resistance targets are sequentially 68,000—69,000—70,000. Short positions are recommended to be placed near the second and third resistance levels.
If the 4-hour close again breaks below 66,300, temporarily abandon long positions and patiently wait for the market to dip to the 64,000—63,000 range before making plans. $BTC