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10.10 BTC Analysis:
The current market sentiment changes extremely quickly. One moment everyone is hoping for a rise, and the next moment they might follow the trend and sell off. Whether you are holding positions or preparing to enter the market, the string of "risk control" must always be tightened! From the market perspective, the overall situation maintains a wide range of fluctuations during the day, and the bullish pattern has not changed, remaining in an upward channel. Hourly analysis: BTC has fallen to the lower band of the Bollinger Bands and has begun to rebound towards the middle band, currently operating just below the middle band; the KDJ indicator has formed a golden cross, and the three lines are diverging upwards, while the MACD bearish energy bars are gradually shortening. In summary, it may be advisable to consider buying on dips.
Trading suggestions: Look for a range around 119700-119200, with a target around 120700-121700. If it breaks through, continue looking upward. ###PI #BTC