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Afternoon market trend analysis: Although the morning session maintained a volatile upward movement, the long upper shadow of the last candlestick directly revealed the strength of selling pressure above. After reaching a high point, the price quickly retreated and did not hold the gains, forming a typical high-level volume expansion and stagnation pattern, with bullish momentum showing obvious exhaustion. The resistance above is clear and the momentum is weakening, so it is advisable to prioritize short positions near the resistance area.
Trading suggestions:
Bitcoin: Short at 80,600-80,800, with a target around 79,200
Ethereum: Short at 2,340-2,360, with a target around 2,290