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The current market is in a consolidation phase within a range, with an intriguing trend. From the four-hour chart, the price has consistently stayed above the middle band of the Bollinger Bands and closed with a bullish candle, demonstrating a certain advantage of the bulls. Although there was a brief pullback during the session to test the middle band support level, buying momentum quickly surged, pushing the price to rebound rapidly. This fully indicates that there is strong buying interest at lower levels, and the support is relatively solid. Based on this market performance, the main trend remains a pullback correction.
Bitcoin: Around 88,000-87,500 with a slight dip, 87,000 as support, aiming for 89,000-90,300