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The stubborn insider has finally reduced his position, closing all Bitcoin long orders at a loss, while continuously reducing his positions in Ethereum and Solana long orders, single-handedly causing another emotional breakdown!
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However, this series of operations is for reference only.
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In reality, we still need to pay attention to the support of the channel structure position in the market. The last support point for Bitcoin is at the integer level of 105,000 USD. If it breaks, watch for the low point around 101,500 USD near 103,500, which is the previous daily level pin. For Ethereum, pay attention to the support level of 3,520—3,550 USD; if it breaks, the market may continue to test the space below 3,200 USD, which is the low point of the previous position at 3,350.
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The intraday volatility range is quite intense, so when trading short-term positions, it is important to have good defense. For long orders, make sure to wait for a clear signal of stabilization before proceeding with the layout.