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The one-hour chart of Bitcoin has entered consolidation after touching the previous key resistance at 88,700. The long upper shadow on the candlestick indicates that the bulls are actively attacking the resistance area above, which is a typical probing move to digest trapped positions and short-term profit-taking. The overall upward trend remains healthy.
It is recommended to go long around 87,500 and 97,000, with the initial target at 89,000 and a breakout target at 92,500. #加密市场观察 $BTC $ETH