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4.23 BTC/ETH Thursday Morning: | Short-Term Range Faces Pressure and Consolidates
The overall market lacks sufficient upward probing power. After coming under pressure, a pullback trend appears. In the short term, price action is mainly biased toward range-bound consolidation. Here, we share the key support and resistance zones for major coins. This is for market learning and reference only.
BTC Key Range Reference
🔹 Short-term resistance above: 78900 - 79500
🔹 Secondary strong resistance: 80000 - 80500
🔹 Short-term support below: 77000 - 77500
🔹 Secondary strong support: 76000 - 76500
ETH Key Range Reference
🔹 Short-term resistance above: 2400 - 2425
🔹 Secondary strong resistance: 2465 - 2485
🔹 Short-term support below: 2310 - 2340
🔹 Secondary strong support: 2260 - 2280
At present, market volatility fluctuates back and forth, and signs of resistance at higher levels are evident. On the trading side, it is recommended to maintain a cautious mindset, do a good job in position management and risk control, respond flexibly based on the range rhythm, reasonably capture swing opportunities, and prioritize taking profits.
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