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Big Bubble Midday Outlook
On the four-hour timeframe, the market is strongly trending upward. It has been pulled up steadily from the lows, surging and hitting a high near 65130, where it faced pressure and dipped slightly. The current price is holding above all moving averages. The overall uptrend is very clear, and bullish momentum remains sufficient.
In the short term, the price is slightly stalling at high levels. Don’t chase aggressively for entry, to avoid pullback risk caused by the spike and subsequent retracement.
Trading Suggestions
BTC: rebound in the 65300-65800 range, with targets at 64500; if it breaks out, watch 63500
ETH: 1900-1950 range, targets at 1880-1800
#BTC #ETH