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Currently, the downward momentum of the bears has gradually weakened, and the market stabilization signal is very clear. The afternoon trend still maintains a pattern of oscillating rebound and recovery.
From the current market situation, Bitcoin surged in the morning to test above 82,400 but quickly fell back, with a low of around 80,400 completing a round of shakeout. Then the price entered a narrow range around 80,700, without making new lows. The bearish momentum has significantly weakened, and the market stabilization signal is becoming increasingly clear.
From the candlestick rhythm perspective, the red declining bars' bodies continue to narrow, indicating that selling pressure above is being gradually digested. The buying support below is continuously strengthening. The short-term trend has entered a phase of oscillating recovery, and the window for a second bullish push is opening.
Trading suggestions:
Buy directly on Bitcoin between 80,700 and 80,200, with a target of 82,000.
Buy directly on Ethereum between 2,330 and 2,290, with a target of 2,380.