SupportForTheRise

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The recent Rebound and pump of BTC indicates one thing: the market no longer has upward momentum.
This Monday morning, BTC pumped and briefly broke through the resistance level of 116,000 (with a peak spike up to 116,400), and the main forces were fully aimed at harvesting the highly leveraged shorts. This is because the liquidation map from a few days ago showed that as long as the market stood above 116,000, it could harvest most of the short positions in the market, as shown in Figure 1.
So, the rise is not a real rise, it's just to harvest the opponent's position. This also determi
BTC2.16%
ETH3.4%
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