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BTC Morning Market Analysis
From 15 minutes
After narrowing due to yesterday's decline, the Bollinger Bands have entered a period of fluctuation. The K-line tested and broke down below the middle track to the lower track, and it will definitely rebound after hitting the bottom. The bearish volume of the MACD is also relatively low, and the RSI index is in a normal trading phase, close to being oversold. Overall, it is expected to experience a slight decline before rising.
Strategy: Open a long position at the support point of 110780, add orders at 111550, and set a stop-loss pressure point at 111700.