The two major cryptocurrencies have recently gradually warmed up, reaching their highest levels since January. Yesterday, they continued to oscillate as expected, breaking above 81,000. Technical indicators show a structural bullish trend, but short-term momentum is approaching overbought levels. If multiple attempts to push above 82,000 fail and prices fall back, the short-term bullish structure will be affected. In the short term, it is advisable to consider short positions around this level near the 80,000 mark.


If a volume breakout above the 200-day moving average occurs and the price stabilizes above this level, it will confirm the validity of the bull flag pattern, which could potentially drive further gains.
BTC1.68%
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