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- Welcome Kevin_Lee to the Gate Square! 🎉
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BTC 12-hour structural market analysis:
Pay close attention to the important resistance level 108060 in the purple rectangle, be cautious about the downward 📉 wide range trend channel.
High points do not continue to look for a pullback, still focusing on the weekend's low points, harmonic patterns bearish currently completed the first take-profit level, next position near $88777.
But there is still support at the current level of 95200, which is also the TP2 target at the current level.
In the entire major trend, if the double top is effective, the subsequent market will be very weak. Only from a structural perspective, it is weak because it is currently only static market analysis.
The above views are for reference only. Not constitute investment advice! #加密市场反弹#