Bitcoin Technical Analysis and Short-Term Trend Outlook: 👇👇

From a technical indicator perspective, although there are signs of a short-term rebound, it hasn't stabilized yet and is in a state of slowly declining.

Moreover, the mid-term resistance line is very strong, and the bullish momentum is quite weak; yesterday's performance of the bulls was truly disappointing.

In the face of such an unpredictable market, one must be cautious and adopt a strategy of buying low and selling high.

For Bitcoin, first, we need to see if it can rebound to 96,000. If it breaks through 96,500, we can look further up; if it continues to be pressured and falls back, we might see it drop to around 92,000 in the short term.

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