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The daily market shows a clear news-driven characteristic, with the overall trend initially rising, then suppressing, surging high and falling back, ultimately ending with a consolidation. Based on a comprehensive assessment of technical analysis and market environment, this rebound still falls within the category of an oversold rebound and has not yet formed a trend reversal.
The overall rhythm remains within a wide range, with strong resistance at 760 above and support at 650 below, with a strong support at 630. Due to the interference of the US-Iran conflict, the market trend has become somewhat chaotic. Technical indicators are insufficient to drive the market normally, while external factors can interfere with the overall market trend.
Based on what I mentioned this morning: clear out at 718, stop loss at 728, take profit at 710, and watch for a break below 703. Continue to monitor $BTC