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Don't remind me again today

BTC once again performed a "cliff-like" fall, losing the key support of 100,000 in the early hours, showing an almost vertical plummet, crashing down to around 97,900, directly refreshing the new low since June. The short positions sentiment instantly ignited the entire scene, and our high short positions also perfectly reached the target, successfully gaining 5,500 points!



The current market is dominated by short positions, and they are in control of the rhythm. Whether on the daily or the 4-hour chart, the moving average system is showing a strong bearish trend. The 1-hour moving averages have turned upwards, indicating a short-term technical adjustment and repair demand. For intraday trading, the focus continues to be on high shorts.

Operation suggestion: short positions near 100,000, target around 96,500 $BTC $ETH
BTC-0.21%
ETH0.32%
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