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Evening Thoughts
Currently, Bitcoin has pulled back and broken below the bearish flag pattern. The lower boundary of the flag has now turned into a resistance level.
If it re-enters the flag pattern range, it is likely to continue consolidating sideways. However, if it cannot break through the early session spike high, it will remain weak;
If it cannot re-enter the flag pattern and consolidates along the lower boundary, as long as it does not break below the illustrated low point, the decline will not accelerate. Once it effectively breaks down, it will test the 65,665 support.
Trading Suggestions:
Buy near 66,200 for Bitcoin, target around 67,500
Buy near 2,010 for Ethereum, target around 2,080
Three Stripes+
Btc244930
Gen Dan
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Gen Dan
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