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TradingKingGaoYuliang
$BTC Bitcoin surged to 79,472 then encountered resistance and pulled back, currently trading sideways around 77,600, with 1-hour moving averages converging, and upward momentum continuously weakening, with clear resistance on the rebound.
The upper resistance is in the 78,000-78,500 range, with strong resistance at the previous high of 79,472; support below is at the 77,000 level, and if broken, it targets around 76,600.
The 4-hour MACD is turning downward from a high level, with bearish momentum gradually releasing. In the short term, focus on range-bound trading, with a light short position on rebounds facing resistance, and consider low buys if support holds during dips, avoiding chasing highs and selling lows. #加密市场行情震荡 $BTC
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