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$BTC has yet to recover and stabilize above the EMA20 daily line at $88,000. The market is in a weak oscillation phase, with no clear bullish or bearish direction. Overall, the bears still hold the advantage. It’s not easy to catch a oversold rebound in this pullback. Currently, it is only recommended to hold a no-position or very small position and wait. Keep an eye on the $84,000-$91,000 oscillation range. Only when it breaks out of this range can a new trend emerge.