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BTC & XRP UPDATE: SHORT-TERM BEARISH SCENARIO STILL ACTIVE
The short-term bearish pressure remains in play for both $BTC and $XRP . Bitcoin is currently trading around $80,240, showing a steady decline from its local peak at $82,850. Similarly, $XRP is struggling to reclaim momentum, sitting at $1.416 after a sharp rejection from the $1.457 zone.
Key Support Levels
$BTC : The $78k – $79k zone remains the ultimate line of defense for the bulls.
$XRP: Watching the $1.37 psychological support closely.
As long as these major support levels hold, the door is open for a potential pullback. However, the current trend is tilted toward the bears. We need to see a strong bounce from these support areas to invalidate the downward pressure.
Stay vigilant if support holds, we see a pullback; if it breaks, expect more downside.
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