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Idea Implementation
From the early session to now, Bitcoin and Ethereum have overall remained stable with some ups and downs; bulls and bears are fiercely trading within the range. Bitcoin pushed up from 74,000 to 74,800 but met resistance and fell back; after briefly breaking below 74,000, it quickly regained and has been repeatedly oscillating around 74,300; Ethereum surged to 2,390, then pulled back to retest 2,350, finding support and stabilizing, and is currently trading in a narrow range near 2,360.
The market structure is healthy. Although resistance appears on the way up, strong support is holding underneath, which is a benign consolidation during an uptrend. Bitcoin’s 74,000 support is effective, while 74,500-74,800 is short-term resistance; Ethereum’s 2,350 support is solid, and 2,375-2,400 is suppressing. The moving averages are in a bullish alignment, with the center of gravity rising steadily; the structure has not broken. Continue to maintain a bullish outlook and patiently wait for a breakout opportunity.
#加密市场回升 $BTC $ETH