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CoinHunter
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The Pancake King just hit a long wick candle fiercely at three o'clock this afternoon.
Now that I've taken a look, the resistance is very weak. Let's go a little further down; the cost price of the first unlimited flow institution has already reached.
At this time, the square fell silent, and the US stock market next door didn't fare much better. Although NVIDIA's earnings report gave the market a boost, the US stock market didn't respond positively.
The most important thing to say is that whether you talk about the bear market or the big correction of the bull market,
BTC-2.86%
ETH-4.08%
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11.14 Encryption circle breaks through the window paper, long-lost Bitcoin Bear Market

Follow to not get lost, the hunter will take you to the fast lane, there are no flashy theories here, only soul-searching questions about human nature, exploring the Bull vs Bear Battle in the market, and seeking the most authentic market data language.
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Speaking of the hunter's own view, actually after breaking down 106000 for the first time, Bitcoin has already entered a bear market cycle. The rebound to 107500 earlier this week is merely a rebound adjustment after the weekly bull-bear line was broken, perfectly under pressure for a decline, further confirming the bear market structure. Therefore, today's market breaking below 98000 is a natural occurrence. Here, I want to tell everyone that the so-called news, the so-called Federal Reserve collectively turning hawkish last night, is just a scapegoat that the market needed afterwards
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Bitcoin fluctuated back and forth around the 103,500 level—it's quite perfect. The retail traders can't hold onto their short positions. Yesterday, they were so confident in their shorts, but today they're feeling pretty frustrated—they can't hold on anymore, right? Now is the beginning of the bearish phase. Once the US stock market opens tonight, this wave could trigger a decline. Don't rush; let the bullets fly for a while. You need to understand that the next major drop will bring us down to 980,000, and there will be even lower levels afterward. This initial phase is meant to tease out the
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First of all, I declare that I am a hard-headed bearish trader, and I insist that the Bear Market has arrived. However, today's short-term drop has been sufficient; this wave cannot continue to fall. Tonight or tomorrow, Bitcoin is bound to have a strong Rebound. This kind of rise is not for anything else but to give confidence to the suckers who buy the dip. As long as the voices of buying the dip remain, there can be greater falls later. At the same time, in the context of a shift to short positions in the short term, the ideal shorting position for suckers is between 106500-107000. This
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Coin Hunter: The 11.4 Bitcoin bull-bear line has been broken, bearish traders have taken over the market.

Observe the market after it returns to 107000 and its subsequent changes. If the market recovers above 107000 and hovers repeatedly without further extending the rise, then a drop below this level again would be an excellent get on board point for the second batch of short orders. After entering this wave of short orders, the target is 98000.
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