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The stubborn insider finally reduced his position, closing all Bitcoin long orders at a loss, while continuously reducing the long position of Ether and Sol, single-handedly crashing the market sentiment again!
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However, this series of operations is for reference only.
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In reality, one still needs to pay attention to the support at the channel structure position in the market. The last support point for Bitcoin is at the round figure of 105,000 USD. If it breaks, pay attention to the range between 103,500 and the previous daily level pin's low near 101,500 USD! For Ether, watch for the support around 3,520—3,550 USD. If it breaks, the market may continue to test the space below 3,350 down to the previous low at 3,200 USD.
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The intra-day volatility range is quite severe, short-term trading requires good defense, enter long orders, and definitely wait for clear signals of stabilization before proceeding with the layout.