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Garrett Jin stated that Bitcoin has not yet stabilized at $82300 and the current consolidation is not yet over. The buying power of spot goods has weakened, which is not enough to digest the selling pressure above $82000. If BTC reaches $82500, the next resistance will be between $83000 and $86000; If it cannot be broken through, attention should be paid to the support range of $76000 to $77000. If it falls below, a test range of $74000 to $75000 may be needed, with important demand areas ranging from $72000 to $72500. Garrett Jin believes that there is a 70% probability that $60000 below $80000 is a cyclical low, and warns that rising oil prices and long-term interest rates are putting pressure on risky assets.