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The previous post mentioned the need to position for a long within the 79800/78200 range, why is that?
Because, in my experience, this is a very important dividing line. 79600 is the previous high point, and 78200 is the starting point of the surge to the 82800 high after consolidating for 2-3 days over the weekend (earlier, there was accumulation at this level and a fake breakdown to create panic). There is no reason not to go long at this level because this wave of rally has not ended. When other altcoins are not showing relatively strong performance, it indicates the main force is controlling the market rather than distributing.
I do not rule out the possibility that the main force will continue to push down to create panic, but I will not go short unless it drops below 83600/84500.