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10.20 BTC Morning Thoughts
The weekend's sideways consolidation was broken last night, with the coin price smoothly rising to the key level of 109300. This morning, Shengyuan publicly suggested switching to a long position, and the market trend perfectly aligned with the prediction, allowing BTC to successfully achieve a profit margin of 3000 points.
The current short-term downtrend has halted, and the market is showing positive signals of steady upward movement. Based on the market momentum and trend logic, the operational strategy for the future remains unchanged, continuing to adhere to the core idea of maintaining a predominantly long position, seizing entry opportunities after pullbacks, and closely following the trend rhythm to capture profit windows.
BTC morning suggestion around 108000, 107500, target 110000, if broken look at 112000.