GalaxyMarketAnalysis

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$BTC $ETH The bullish outlook remains unchanged overnight. Bitcoin bulls continue to press with strength, steadily pushing higher with a strong upward pace; Ethereum moves in sync, gaining momentum together and resonating upward. The overall bullish structure is fully established, and the follow-the-trend logic for a price rise is clear. For Bitcoin, the target is 79,500. For Ethereum, the bullish outlook remains unchanged, and the upside target is 2,400. Follow the trend and seize the gains from this upward move.
Bitcoin trading strategy: Go long directly near 78,200-77,800, target 79,500
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BTC-1.39%
ETH-3.74%
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In the evening, let's look at the Bitcoin chart; the decline has already stopped, and next, it depends on the bulls regaining strength.
From the 4-hour timeframe, the current upward trend structure is intact, with lows continuously rising and highs moving higher at the same time.
The current price is above the key support zone and has not shown any signs of a significant breakdown.
During the pullback, the bearish momentum has gradually weakened, and capital absorption remains strong.
The overall bullish logic has not been broken, and a new round of upward movement is highly likely in
BTC-1.39%
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Good afternoon
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