$BTC The market did not fall as expected last night; instead, it achieved a daily closing price with a bullish engulfing pattern. Coupled with a bottom divergence, a rebound is very likely. However, this does not necessarily indicate a successful reversal into a bullish trend, as the previous low has not been broken, posing a risk of decline. My view is that this is likely a wave of false bullishness in a local market, and the outlook remains bearish. Bitcoin is focused on the resistance level of 93,500 USD, while Ethereum is focused on 3,150 USD.
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