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Wednesday Night Bitcoin and Altcoin Strategy
Tonight, Bitcoin remains in a high-level oscillation and correction pattern. After a rapid surge to the 70,000 level, it quickly pulled back, completing a brief consolidation around 66,000. Currently, it is again rising to around 71,700.
A four-hour cycle shows a divergence signal between price and volume: Bitcoin continues to surge higher, but the OBV momentum indicator has not followed suit.
Evening Trading Strategy
Bitcoin in the 72,000-72,800 range
Target 70,000, with a downside target of 68,000
Altcoin in the 2,080-2,120 range
Target 2,020, with a downside target of 1,950