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During the intraday trading session, Bitcoin first surged to the high point around 98,760, but faced resistance at this level, triggering a pullback. The price gradually declined, and when it reached the key level of 98,000, it began a rebound from the bottom. The strength of the rebound pushed the price up again, reaching around 98,500. However, the upward momentum was not sustainable, and the price entered a phase of sideways consolidation, with both bulls and bears in a brief standoff. By the evening, the situation shifted again as Bitcoin price retraced, this time with a larger pullback, dropping to the low point of around 97,300.
During the intraday trading session, Bitcoin first surged to the high point around 98,760, but faced resistance at this level, triggering a pullback. The price gradually declined, and when it reached the key level of 98,000, it began a rebound from the bottom. The strength of the rebound pushed the price up again, reaching around 98,500. However, the upward momentum was not sustainable, and the price entered a phase of sideways consolidation, with both bulls and bears in a brief standoff. By the evening, the situation shifted again as Bitcoin price retraced, this time with a larger pullback, dropping to the low point of around 97,300.
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