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📊 Morning market on February 9: BTC repeatedly contests around the 70000 mark, a showdown between bulls and bears is imminent.
Today's key points (Binance contract)
- Resistance levels: 70000 → 71700 → 73500
- Support levels: 68000 → 66500 → 65000
Operational approach
- If it stabilizes at 70000 and breaks through with volume, look for continuation in the bullish direction, target 71700-73500
- If it breaks below 68000 and fails to stabilize on the rebound, the trend is bearish, watch for a second bottom test
- Do not chase highs or lows in the fluctuation range, take light positions with the trend, and strictly set stop losses
Today, focus solely on the 70000 lifeline, the direction of bulls and bears all depends on it!
