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A 10 Million Nighttime Market Sentiment Reflection
In the afternoon, after Bitcoin's price finished its range-bound consolidation, it strengthened again, stabilizing above 66,000 and surging to around 66,900; during the European trading session, the bullish buying momentum weakened, and the market maintained a tug-of-war between bulls and bears around 66,500.
Currently, the market continues to consolidate sideways, with the price repeatedly rising to just below 67,000 and encountering resistance before pulling back, but the medium- to long-term upward structure remains intact, and the overall bullish tone of the market has not changed. It is expected that after the US trading session completes the range-bound digestion, the original upward trend may continue. In terms of trading strategy, maintain a low-buying approach, and consider buying on dips during pullbacks.
Bitcoin reference range: Place long positions around 66,000, with a target above 67,500;
Ethereum reference range: Place long positions around 1,790, with a target above 1,850.
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