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Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC
🚨 Evening Market Sudden Change: Bulls make a strong comeback, the 88,000 barrier battle
Latest Situation:
V-shaped Rebound: This afternoon we were still worried about breaking below 87,000, but tonight BTC showed great resilience, rebounding from the intraday low. Currently, the price is at 87,961, once again approaching the critical 88,000 level.
Pattern Correction: The "false breakout" shadow from yesterday is being attempted to be repaired by the bulls. If the US stock market can stabilize above 88,200 at open tonight, yesterday’s decline will be classified as a "Shakeout," and the market will shift back to a bullish attack.
Key Battle: This is the "moment of destiny." 88,000 is both a resistance and a psychological barrier. Bears will attempt a second dump at this level, while bulls are trying to break through ahead of US stock market sentiment.