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CandyDrop
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Bitcoin midday outlook
1. The one-hour rebound momentum is completely gone, short-term bearishness is unquestionable.
2. Not breaking the previous high of 76,500, heavily suppressed by short-term moving averages, which are also turning downward.
3. MACD shows a death cross at high levels, indicating ongoing bearish pressure, and the pullback hasn't fully developed.
4. Operate by shorting on rebounds, 75,900-76,100, with support at 75,000-74,000. #BTC