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The current price level is not suitable for blindly buying the dip! Overall prices are still constrained by the falling pressure when the Trading Volume expands. On the hourly level, the black three soldiers pattern overlaps with the top distribution type, indicating a clear downtrend, and recently a clear oscillating downward channel has formed. Of the two target points given in the early morning, one has been successfully reached, and next, we need to continue looking down at the 113000 level.
Operation recommendation:
Bitcoin can short around 117500.
First target 115000, second target 113000! #Gate 2025 Q2报告出炉 #Gate衍生品交易量新高 #CPI数据来袭 #BTC