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Don't remind me again today

Recently, I came across an interesting set of data: over the past month, the stablecoin reserves of a leading exchange surged by $5.76 billion.



This scale is not small. You should know that when stablecoins flow into the exchange, it often means that someone is sharpening their knives on the sidelines, just waiting for a suitable entry point. Especially at the moment when Bitcoin has just fallen below 96000 and market sentiment has collapsed completely, this money is like a fuse beside a powder keg - it all depends on who ignites it first.

So the question arises: what are these funds waiting for?

I personally tend to believe that the 94000 level could be a key point. If BTC can hold its ground around that area, there is a high probability that a batch of off-exchange funds will start to enter the market gradually. So if you also want to position yourself, it might be a good idea to place a few limit orders around 94000, rather than going all in at once. After all, the previous prediction of 84000 wasn't just a casual remark; if it really drops to that level, you'll need to keep some ammunition to respond.

In short, don't rush to buy the dip, but also don't completely stand by.
BTC-0.02%
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