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The short-term trend is still strong, not stubborn. The double bottom long positions have already been stopped out. There is no eternal big money-making opportunity. Compared to some teachers, I believe everyone understands!
Back to the market, BTC price has broken below the 4-hour channel midline, and the spot premium has started to decline significantly. In the short term, I no longer expect a bullish rebound trend. As I mentioned before, Wave C is coming, so everyone should be prepared!
Many people believe that the bottom of this bear market is at 80,000, but I think that in order for the bull market to continue, breaking 8K or even 7K is the best solution.
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