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Yesterday, Bitcoin traded in a tight range all day, but it couldn’t resist a burst of “needle” price action northbound in the early morning—a textbook-style liquidity dump on the 15-minute chart, a classic setup to lure the long side and then harvest them.
Don’t assume that going sideways means the market has stabilized; this kind of fluctuation is just time for the shorts to build up strength.
Keep your stop-loss on. Don’t use your principal to bet that it “can’t fall any further” $BTC #美国寻求战略比特币储备