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$BTC 7.10 Bitcoin Trend Analysis
The decline started from 126,000, with two ABC structures of the same level on the larger timeframe. Currently, it is the B-wave rebound of the second ABC.
At the moment, the pullback on the smaller timeframe is insufficient; long positions should exit first and wait. Re-enter longs when the price drops to the 60,000-61,000 range.
Risk Note: This is only a market structure analysis and does not constitute any trading advice.
#BTC走势分析 #Bitcoin Trend Analysis