Hello everyone, I am A Gan, let me talk about the current 1-hour pattern of Bitcoin

Bitcoin reached a low of 85500 at 6 PM, began to rebound, and peaked at 87500 before continuing to pull back. It hit another low at 85159 and started to rebound again. As of now, it is around 86200. The market is still in a downward consolidation trend, with the rebound high being suppressed. Currently, altcoins are not following Bitcoin's rise; Bitcoin is just dropping along with them, which is a bad signal.

In the article posted in the afternoon, I reminded everyone to sell off most of their spot positions at the high point, and now we can see that many have come down significantly. So for medium to long-term players, don't rush to buy back after selling your spot; just wait. If you need to buy back, I will remind everyone.

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