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#数字资产动态追踪 Wednesday Morning BTC Market Report | Swing Trading Guide
Good morning everyone! These days, Bitcoin bulls and bears are tugging back and forth, constantly bouncing within this range. Last night, the US stock market surged to a high of 94,400, then sharply dropped over 3,000 points to 91,200. Now it’s rebounding and stuck around 93,500.
From the candlestick chart, the short-term trend still appears relatively strong, but the resistance levels above are really holding firm, with repeated tug-of-war at high levels. As long as key support and resistance levels are not broken, it’s best not to rush into directional trades.
Trading idea: Consider short positions around the 93,000-94,000 high point, targeting 92,000 or even 91,000; if the price falls to the target level and stabilizes with a rebound, then switch to long positions. $BTC $ETH $XRP