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Bitcoin and Ethereum Recent Trend Analysis: Bearish Structure Forms, Key Resistance Levels to WatchYesterday, we mentioned that a bearish structure has formed for Bitcoin, and given the multiple bearish factors, we advised against focusing on the bulls and instead looking for shorting opportunities at resistance levels. Early this morning, the price dropped to the neckline we mentioned, falling nearly 4 points

In recent days, Bitcoin has shown signs of potential reversal, showing a daily rise for three consecutive days.The last time this pattern was observed was between early July and mid to late June, when Bitcoin rose from slightly below $25000 to over $31000