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The four-hour chart for BTC shows continued pressure below the middle band, with weak consolidation within a descending channel. Bullish momentum is lacking, making it difficult to reverse the downtrend, and the middle band has become effective resistance. The market is currently trading sideways to buy time, but the overall downward trend remains unchanged.



It is recommended to short around 88,300 and 87,800, with an initial target of 83,400. If that level breaks, look for 80,000.
$BTC
BTC0.73%
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