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Since 2 PM on June 24, the main force has stopped market making.
The trend in the last 5 days is the real long-short game of the market.
So the recent rebound is very weak, with BTC rebounding to a high of 609.
If the main force had stepped in to drive the rebound, they would have at least pushed it to 62 or even 63.
As long as the main force doesn't intervene, it's easy to analyze: one word: down.
There is no second direction or choice.
But if the main force intervenes, then volatility will be high, and both longs and shorts will suffer.
#BTC #ETH #Bitcoin