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#BTC
Currently, the market is mainly oscillating at high levels, with a bullish squeeze structure. Resistance above is dense, and the short-term battle between bulls and bears is intense. The trend is leaning bullish, and chasing highs is risky at this stage.
Short-term support can be referenced around 80,200-79,200, based on this upward trend line and the support zone at the highs and lows. A pullback to confirm can be considered for entry.
Resistance above is around 82,000-82,800 (the densest area for short-term bears). If not broken, the market will continue to oscillate; if broken, it could trigger a rapid surge towards 85,000 for testing. $BTC