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EMC Labs BTC Weekly Observation (8.5~8.11): Depth adjustment brings in bottom-fishing funds, BTC holds steady in the high-range oscillation zone
The drop this week once again broke through the 200-day moving average of BTC, but also attracted a large amount of bottom-fishing funds. It is believed that BTC is still in a high-level oscillation zone and is accumulating power for the Bull Market in the next year.