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1.23 Friday Bitcoin and Ethereum Midday Analysis
The four-hour chart indicates a clearer market structure. The market trend remains strictly confined within a consolidation range, with support and resistance levels clearly defined. Currently, the price is precisely touching the key resistance area at the upper boundary of the range, and the upward potential has been fully blocked. Caution is advised regarding the potential misleading nature of a rebound.
Bitcoin around 90200 watch near 88500
Ethereum around 2990 watch near 2900
#BTC #ETH #BNB