From a technical structure perspective, Bitcoin has formed a series of doji stars with long upper and lower shadows on the weekly chart, indicating a tug-of-war between bulls and bears at high levels, with intense battle. The 90,000 integer level and the strong resistance zone on the daily chart remain important short-term resistance levels.
It is recommended to go long around 88,000 and 87,500, with the initial target at 90,400, and if broken, then look towards 94,600.
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From a technical structure perspective, Bitcoin has formed a series of doji stars with long upper and lower shadows on the weekly chart, indicating a tug-of-war between bulls and bears at high levels, with intense battle. The 90,000 integer level and the strong resistance zone on the daily chart remain important short-term resistance levels.
It is recommended to go long around 88,000 and 87,500, with the initial target at 90,400, and if broken, then look towards 94,600.