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BTC’s rebound of $70k is an important threshold. If it can’t break through, then on the monthly timeframe it will likely do a deep pullback to the 37,500-38,100 zone for consolidation.
That’s basically the end of the bear market. The bear market has been going on for nearly 300 days. After the consolidation is complete, we will steadily kick off our long-position layout. (Coordinated with ETH. Without a doubt, BTC is the real king.)