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Getting back to the point, Bitcoin has experienced an epic decline during this period. The price has returned to the lower range. Now the price continues to decline. Many people are concerned about whether they can buy at the bottom; what I want to say is that it is still not the right time to buy at the bottom. Only short-term bullish positions are acceptable. After all, it is better to be cautious in the face of trends.

The four-hour level has continuously dipped, breaking the range oscillation pattern. If you want to consider a short-term bullish position, you can look for opportunities to go long near 63200. The target is around 66500.

Follow the public account for solutions to worries, only Jiang Wei, a treasure analysis blogger with high emotional value, shares trading education for free, bringing stability and clear guidance in the restless trading market, navigating three rounds of bull and bear markets and years of practical trading experience, skilled in naked K, trends, Dow theory, Gann, harmonics, Cheng theory, wave theory, and other technical analyses, culminating in unique personal insights.

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