📉 Real-time Market Dynamics | Bull vs Bear Battle Intensifies, Key Position Contention! 📉

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Latest Market Update (based on current data):

· BTC: Currently reported at $11,6000**, daily fluctuations are narrowing, need to pay attention to the effectiveness of **$11,5000 support.
· ETH: Currently reported at $4,543**, short-term pressure below **$4,600, trading volume moderately increased.

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📌 Key Position Analysis:

1. BTC Technical Analysis:
· Support: $11,5000 (Intraday Strength and Weakness Dividing Line)
· Resistance: $11,8000 (previous high pressure)
· If it falls below $11,5000, it may test the $11,2000-$11,3000 range.
2. ETH Technical Analysis:
· Support: $4,500 (psychological barrier)
· Resistance: $4,650 (yesterday's high)
· If the volume breaks below $4,500, it may fall back to the $4,400-$4,450 range.

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⚡ Short-term strategy reference:

· BTC:
· Long Position: If it stabilizes around $115,000, a small position can be taken to go long, with a stop loss at $114,000 and a target of $117,000.
· Short Position: If it rebounds near $11,7500 and faces resistance, you can try to short, with a stop loss at $11,8500 and a target of $11,5500.
· ETH：
· Long Position: Stabilize around $4,500, stop loss at $4,450, target $4,600.
· Short position: Short near the $4,620 rebound, stop loss at $4,680, target at $4,520.

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💡 Market Sentiment:

· Fear and Greed Index 48 (Neutral to Bearish), derivatives funding rate slightly negative, indicating cautious short-term sentiment.
· Need to pay attention to the risk asset correlation response after the US stock market opens.

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🔍 Summary: Key positions are fiercely contested in the Bull vs Bear Battle. Patiently wait for a directional breakthrough! Strictly adhere to stop losses to avoid frequent operations.

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