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#BTC Market Trend Analysis
BTC Market Analysis: 1. BTC continued to oscillate over the weekend without breaking the trend. This morning, it falsely fell below the 1.13 position and dropped to 94700. In the subsequent market analysis, BTC is currently forming a wedge pattern on the 4-hour timeframe, which is not easy to trade. The resistance level is currently near 98000, and it is very likely to fakeout 98000 and then fall again. The overall trend is mainly characterized by up and down oscillations and leveraged liquidation. 3. There is currently no good entry or lying in ambush position in the trend. It is necessary to combine specific Candlestick patterns to participate in short-term take profit and stop loss, unless a trend market emerges before participating in lying in ambush again. 4. Summary: It is recommended to short at highs between 95200 and 99500, and consider buying at lows. Once the position is broken, immediately exit and wait for another opportunity.