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Bitcoin and Ethereum Build Key Support Levels as Market Sentiment Stabilizes

  • Bitcoin and Ethereum have built key support levels in the market as sentiment stabilizes.
  • Bitcoin's strategic support lies at around $79,000, with significant accumulation of 40,000 BTC in that zone.
  • Bitcoin has surpassed the $82,080 price cluster with approximately 51,000 BTC accumulated, pointing towards upward momentum.
  • Ethereum is trading in a defined range between $1,548 and $1,599 with accumulations of 793,900 ETH and 732,400 ETH respectively.
  • Ethereum's support is seen at the $1,461 level with 380,000 ETH accumulated, providing a cushion against downside pressure.

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