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BTC: The price of Bitcoin dropped to around 86000 last night, and the fear index is currently at 21. Although there is a significant selling sentiment in the market, from the 4-hour perspective, the candlestick pattern has formed a bullish three soldiers, indicating a potential short-term rebound at this level. The most obvious resistance above is around 92000. If the daily close cannot stay above this level, there may be further downside movements.
ETH: 2100 is basically a strong support level recently. There is also a potential short-term rebound, but if the daily price cannot break through the 2650 level, it will continue to decline.
For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.
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