Bitcoin is currently under absolute bearish dominance, but the momentum has weakened, falling from the high of 64,597 all the way down to 61,870, not only breaking through several previous target levels but also triggering panic selling. $BTC


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The lowest point at 61,780, this spike, indeed has bottom-fishing funds or short-term traders taking profits to support the price.
Next, those without open positions can wait for a rebound, focusing on the 63,000-63,500 range, which is a dense resistance zone after the recent sharp decline. If the rebound stalls clearly here, consider entering short positions. $ETH
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If you still hold short positions, congratulations on catching a big move, but at this moment, it’s recommended to gradually reduce your position below your cost basis or set stop-losses, because the funding rate is extremely bearish, and a sudden upward spike could clear out the longs. Protecting profits is the most important; don’t be too greedy. #0成本拿2股SK海力士
BTC-3.38%
ETH-4.65%
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