Magu is about to open! The pace for what comes next has already been made very clear. Just keep shorting on rebounds. If Magu can’t produce a big rebound, then keep a light position and go with a wait-and-see approach in place—Kong. Technically, the structure has already broken the earlier support level, and combined with the news flow from the past two days and Thursday’s Old Bao meeting, there’s no reason to keep looking for upside across the board! The first target is 73800. For the long term, look for a break below 7w; for the short term, keep strong defense. As for “Yitia,” it only needs to break below the 2200 level. $BTC $ETH $SOL

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