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1.31 Saturday Bitcoin Recommendations
Yesterday, there was a sharp drop of nearly 4,000 points early in the morning. The suggested rebound was based on this, and after a day of bullish and bearish battles, the market finally rebounded nearly 3,000 points overnight.
Weekend market activity is relatively slow, with a low possibility of a strong trend. It is mainly advisable to observe and rest, balancing work and leisure. For those entering the market, it is recommended to focus on buying during pullbacks, with a profit target of 300 to 500 points.
Bitcoin Recommendations:
- During the pullback to around 83,700-83,200, consider gradually building long positions.
- The target can be set around 84,500-85,000.