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Bitcoin rallied above $84,000, approaching the $84,000-$85,000 resistance zone.
Bitcoin briefly climbed above $84,000 on Monday after a weekend rally, but is approaching the $84,000-$85,000 investor acquisition cost cluster, which could face selling pressure. Ethereum also recovered above $2,500, but its $26.5 billion derivatives market shows large traders are reducing bullish exposure and face further liquidation risks.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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