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静静Amily
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Bearish$BTC BTC Bitcoin market analysis, share to receive 🧧🧧🧧
Market trend analysis
• Short-term trend (daily): Strong rebound
Since the low point of this week at $70,500, it has rebounded, continuously breaking through the $75,000 and $77,000 levels, and today reached $78,320 (the highest since February) before slightly retreating.
• Technical aspect
◦ RSI (Relative Strength Index): About 69, close to overbought, short-term has a demand for fluctuations/corrections.
◦ Support levels: $76,000 → $74,500 → $73,000
◦ Resistance levels: $78,300 (today's high) → $80,000
• Market drivers
◦ US stocks strengthened, risk appetite rebounded.
◦ Continuous net inflow of funds into Bitcoin ETF.
◦ Easing geopolitical tensions, funds flowing into the crypto market.
{future}(BTCUSDT)
Market trend analysis
• Short-term trend (daily): Strong rebound
Since the low point of this week at $70,500, it has rebounded, continuously breaking through the $75,000 and $77,000 levels, and today reached $78,320 (the highest since February) before slightly retreating.
• Technical aspect
◦ RSI (Relative Strength Index): About 69, close to overbought, short-term has a demand for fluctuations/corrections.
◦ Support levels: $76,000 → $74,500 → $73,000
◦ Resistance levels: $78,300 (today's high) → $80,000
• Market drivers
◦ US stocks strengthened, risk appetite rebounded.
◦ Continuous net inflow of funds into Bitcoin ETF.
◦ Easing geopolitical tensions, funds flowing into the crypto market.
{future}(BTCUSDT)
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