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BTC market steadily rises, driving mainstream cryptocurrencies to recover collectively, with funds continuously rotating back into Ethereum. On the technical side, the price remains above key support levels, short-term resistance is successfully broken through, and MACD and moving average indicators all favor a bullish trend, indicating sufficient upward momentum.
After spiking to around 80,500 in the morning, the upward momentum clearly slowed down. Following the release of news, the market has a short-term correction demand. In terms of operation, do not blindly chase highs; if the breakout is unstable, follow the correction approach first.
Short-term strategy reference:
Watch above: 80,500-81,000 range for short positions, stop loss at 81,500, target 79,000
Target below: around 79,000-78,500, you can consider low buy-in or swing trading opportunities.