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Bitcoin has gradually rebounded from the early low of around 87,000 and has now risen to around 89,000. Currently, a strong bullish candlestick has appeared, breaking through recent resistance levels. It is important to focus on whether the price can stabilize above the breakout point. In terms of technical indicators, the DIF and DEA lines have formed a golden cross below the zero axis and continue to diverge upward. The red energy bars are gradually enlarging, indicating that short-term bullish momentum is strengthening, and the overall trend is bullish. Traders may consider waiting for a price pullback before strategically entering long positions.
It is recommended to go long around 89,500 and 89,000, with the first target at 92,700 and a breakout target at 94,600.