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TheTheoryOfFavorableSituationsvip
Currently, BTC is in a consolidation phase, fluctuating around 116500 during the day. Multiple attempts to break higher have shown that a short-term breakthrough is quite challenging.
The market has limited space for pullbacks, and the recent downward movement is a buildup of bullish momentum, paving the way for future breakthroughs. Although the bullish pattern is maintained, there is significant resistance above, making substantial breakthroughs difficult in the short term. The trading range is narrowing, and moving averages are converging, likely leading to continued fluctuations. It can be observed that the market continues to exhibit a fluctuating pattern today, so intraday operations should focus on short-term trading within the range.

Operational Recommendations
BTC: Buy around 116000-115800, target looking towards around 117300
Ethereum: Buy near 4490-4470, target around 4600.
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Vincent24vip
· 09-20 11:18
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