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5.12 Brother Chuan Market Analysis:
The current Bitcoin trend is clear, with a quick rebound after the correction and consolidation, rebounding high as expected at midnight.
Currently, the market is operating within a stable range, with bearish momentum completely exhausted, and the bottom support continuously rising.
The bullish trend is clear on the chart, with dips stabilizing and rebounding, upward pressure gradually weakening, and overall confidence to buy on dips.
Trading Suggestions
Bitcoin: 80,500-80,000 Northbound, target 82,300
Ethereum: 2,290-2,270 Northbound, target 2,350