Analysis, Bitcoin has broken through the key resistance zone suppressing the price, and in the short term, it may continue to fluctuate strongly.

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Mars Finance News: Bitcoin breaks through the $80k mark, rising approximately 2.6% in 24 hours to $80,150, driving the overall crypto market higher. ETH increased by 3.6%, and XRP rose by 2%. LVRG Research Director Nick Ruck stated that this breakthrough breaks the key resistance area that was suppressing prices over the weekend, and short-term momentum has clearly shifted stronger; Zeus Research analyst Dominick John pointed out that the upward trend is accompanied by technical short squeeze. On the capital side, the US Bitcoin spot ETF has seen net inflows for the fifth consecutive week, attracting about $154 million last week, indicating that institutional allocation demand continues to grow. Analysts believe that if the inflow trend continues and macro uncertainties are added, Bitcoin may maintain a strong oscillation in the short term, with the market focusing on subsequent economic data and risk sentiment changes affecting the trend.

BTC1.73%
ETH1.16%
XRP0.57%
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