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7.2 Early Morning BTC/ETH Outlook
BTC: On the 4-hour chart, it had been declining steadily, but overnight a long bullish candle broke through the short-term consolidation range, indicating concentrated buying pressure from bulls.
Currently, it has formed a long upper wick bullish candle, testing resistance near 61300 before pulling back to close at 60300. The resistance zone between 61000 and 61500 is clearly strong, with heavy selling pressure above.
Strategy:
BTC: Buy in batches during the pullback to the 59500-60000 range, targeting 61500-62500.
ETH: Buy in batches during the pullback to the 1590-1610 range, targeting 1700-1800.
#BTC #ETH