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CryptoQuant: Bitcoin's bullish momentum remains sluggish, with the current key resistance range between US$84,000 and US$96,000

According to Internet reports, according to the CryptoQuant Insights report, Bitcoin rebounded after Trump announced a 90-day suspension of customs bans, while the declines in ETH and XRP also narrowed. Despite the rebound in Bitcoin prices, CryptoQuant's bull market rating index fell to 10, its lowest level since November 2022, and the index must break through 40 to indicate continued bullish momentum. Analysts at CryptoQuant pointed out that Bitcoin's current key resistance is between $84,000 and $96,000. If the bullish momentum weakens, Bitcoin's gains may be limited in this price range, just like in past bear market cycles, so the market still needs to remain vigilant, because the trend of the bull market index depends on whether investor confidence can be rekindled.

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