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The recent trend of rises and falls lacks coherence, with multiple whipsaws and small washes in small ranges, big pumps and big dumps leading to direct liquidations. Leaving institutions aside, the real winners are those who have managed to survive until now.
The hourly chart of Bitcoin has shown nine consecutive bearish candles, with a downward trend breaking below the 113,000 level. The support level is at 112,000 here, where it's said to be a key support for buying on dips. The price is oscillating within a range, and we do not blindly follow the crowd to go long.
BTC: In the range of 11.21-11.26, wait for the dip, looking up near 114,000, synchronized with Ethereum. #BTC