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Family! Do you still remember what I, Chengjie, said yesterday? I specifically reminded everyone: as long as BTC holds steady around 83,500, just go long directly, with the target set at the 85,000-87,000 range!
Now look at the market—it’s moving exactly as predicted! After holding the key level yesterday, the bulls immediately took action and pushed upwards, barely giving the bears any chance to fight back. Up until now, the uptrend is still firmly in control, showing no signs of reversing, and the moving averages are spreading upward, looking solid.
For those who were still hesitating yesterday, are you slapping your thighs now? For those who followed the rhythm, you’re probably already making profits~ Going forward, keep a close eye on the 85,000 mark. As long as it doesn’t fall below the key support, the bullish momentum is likely to continue, so just keep following the trend!
Core target levels
1. First target: around 85,000 (recent key resistance; if it holds, momentum will likely continue)
2. Second target: around 87,000 (previously predicted core range; consider taking partial profits here)
3. Extended target: 89,000-90,000 range (if 87,000 is broken with strong volume, targets can be extended here)
Key support levels
1. First support: around 84,000 (short-term trend watershed; a break below warrants caution for a pullback)
2. Second support: around 83,500 (previously confirmed key level; if lost, exit longs promptly)
3. Strong support: around 82,000 (extreme defense for a pullback; if broken, likely to start a new round of volatility)
Simply put, as long as 83,500 isn’t broken, keep holding longs for the targets; if key support is lost, don’t hold on stubbornly—reduce your position quickly! $BTC $ETH