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8.27 Midnight BTC Market Analysis
The price rebounded to the range of 110000 - 110200, which is a small resistance area during the previous decline. The current K-line encountered resistance at 110083 and closed with a short upper shadow, indicating that the bullish attack is facing obstacles. If it cannot quickly break through 110200, it may easily trigger a bearish counterattack.
Short near 103000-111000, target 108400-107500