What do you think
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Bitcoin saw a volatile upward movement yesterday, starting from its lowest point at 111840 in the morning, testing the highest point at 114723, and now trading around 114300. On the daily level, after a series of consecutive declines, a strong bullish candle appeared, indicating that the market may have started to move towards a bullish breakout. After the price dropped below the lower Bollinger Band, it stabilized and rose again, now gradually attacking the middle limit. While the strength of the upward movement has begun to appear, the warning that "the overall downward trend has not changed" should avoid overinterpreting any single signal; we should later focus on the level of 116000 and the pressure near the middle limit, and if there is no breakout and stability during the day, the price is expected to return to the short-term support below. Before breaking the level, the strategy should continue to focus on lateral movement and arrangement, primarily focusing on upward operations.