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12.10 Noon BTCTechnical Analysis
From a technical perspective, the current trend is generally downward. However, it is important to note that the current price is at the lower support position of the price channel.
Despite the market showing a downward trend, it is evident that the current situation is not strong enough to form an effective breakthrough below. As of now, the price of BTC is stabilizing around 97000.
Both are currently in the support area below the lower Bollinger Band. In the financial market, when the price encounters strong support and fails to break through, it often triggers a Rebound market.
BTC retracement 96600-96200, do more, target 98000-99000#币圈 #加密货币