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The BTC shanzhai season is here!
1. Today’s market is another big wave. When most people are bearish, the market is able to break upward in a one-way move. Each breakout is followed by taking three steps forward and then retreating one step.
2. Shanzhai leader ETH surged by 10% in one go. This gain has already stabilized and is firmly in an upward trend. So it’s easy to miss this rebound if you’re bearish. The market keeps moving upward slowly, and after a pullback near 2263, it remains promising.
3. The recent rebound can’t be separated from the shanzhai market. This wave of rave went from 0.2 to around 14 dollars in just 6 days. The more bearish retail traders there are, the higher the funding rate becomes. At this time, avoid touching leverage, hold your spot, and continue waiting for it to rise.
$GT #Strategy上周购入13927枚比特币