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The price of Bitcoin at 80,771 faces significant selling pressure
$BTC
As it surged higher, two large bearish candles appeared, followed by a pullback, coupled with long upper shadows at high levels and weakening MACD momentum. It’s unlikely to break through quickly in the short term, and probably will fluctuate back and forth
$ETH
So don’t chase the high. Those with positions can reduce some at higher levels, and wait for a pullback to stabilize or a true breakout before acting
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