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Today’s Bitcoin and altcoin market shows signs of decline
Operation:
In the 78,500-79,000 range, follow the trend and establish short positions, with the first target at 77,500 and the second at 77,000; keep an eye on the support level.
Follow the same short position in Ethereum at 2,315-2,335, expecting a pullback to 2,280, with a key support at 2,255.
Early morning slight rally, but it’s just a false signal to lure buyers, only a prelude to a bearish trend.
The daily and four-hour charts are generally weakening, the hourly chart has three consecutive bearish candles breaking key levels, and after a brief rebound, the bulls lack momentum, unable to stabilize the market.
The current market pattern is clear: avoid long positions and reckless bottom-fishing; following the trend is the key.
Confidently follow the bearish rhythm and profit from this downward move. #BTC