Gold and silver prices have consecutively plummeted the next day, and after Bitcoin surged and then retreated, it is now adjusting around 87,000. The rebound strength of the US stock market has been weak up to now, and the overall trend remains bearish.
In the short term, Bitcoin still faces resistance around 88,500, operating within a downward space. The lower target gradually extends to around 86,000, and further downward exploration is expected. Positions around 88,000 can continue to be held for a downside view, and today’s strategy can also maintain a high short position. $BTC
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Gold and silver prices have consecutively plummeted the next day, and after Bitcoin surged and then retreated, it is now adjusting around 87,000. The rebound strength of the US stock market has been weak up to now, and the overall trend remains bearish.
In the short term, Bitcoin still faces resistance around 88,500, operating within a downward space. The lower target gradually extends to around 86,000, and further downward exploration is expected. Positions around 88,000 can continue to be held for a downside view, and today’s strategy can also maintain a high short position. $BTC