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Bitcoin Latest Market Overview
After surging to the high of 82,828, the rally lost momentum and pulled back to around 80,700, fluctuating at high levels. The overall market is relatively strong, but the bullish momentum has sharply diminished, with intense battles between bulls and bears at high levels.
80k is a strong support; a break below could lead to a continued decline. The 82,000-82,800 zone is a heavy resistance area; only a breakout can lead to further gains.
Do not chase the high; consider buying low around 80k, strictly cut losses, and wait for clear signals.
Long positions are recommended around 79,700-80,200, with targets of 81,700-82,200. #特朗普5月13日访华 #CLARITY法案下周审议 #山寨币资金回流 $BTC $ETH