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Analysis at 7:21 AM
Bitcoin is currently oscillating around 1183, having retraced after setting a historical high earlier. The battle between bulls and bears is intense. The daily chart shows a converging triangle pattern, nearing a pivotal point. The support level below is crucial—losing it may trigger a pullback, while holding it could lead to stabilization and consolidation.
The 4-hour chart shows that the second coin is performing strongly. In the evening, we need to pay attention to whether it can break through the upper resistance. If it breaks through, the upward trend will continue.
Operational Recommendations:
BTC is hovering around: 1173-1177, aiming for 1190-1200.
ETH: around 3710-3730, targeting upwards to 3790-3850.