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#BTC
The current upward trend remains intact, with the bottom support continuously rising, the MACD golden cross persists, and trading volume has moderately increased. The bulls hold the advantage, but short-term momentum has weakened.
The price is oscillating within a narrow range of 770-785. To break free, a breakout is necessary. If the 4-hour closing price is above 785, then expect a move upward towards the 8-week level for testing.
Key support below is around 760-750, with 750 being the dividing line between bulls and bears. If not broken, the overall trend remains bullish; if broken, it shifts to a sideways and weaker state, looking at around 73,000.