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Despite the current price fluctuating below the $110,000 mark, this is likely a misleading signal trying to entice investors to continue shorting. According to order data analysis, spot buyers are actively entering the market, indicating that market demand is increasing, and continuing to short at this time may carry risks.
Based on the current market analysis, it is recommended to pay attention to long opportunities in the 109000 to 108500 area, with a target price looking towards 113000.
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