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#Joingrowthpointsdrawtowiniphone17 #Gatelayerofficiallylaunches #BtcPriceAnalysis
The current bearish trend of BTC is extremely strong, with almost no resistance. On the 4-hour level, it is consolidating sideways, attempting to build a bottom, but after multiple supports, it still cannot effectively rebound, which is a typical sign of a weak pullback.
More importantly, both the daily and 4-hour MACD indicators are below the zero line and show a death cross divergence state, with bearish momentum fully released. Market trading sentiment is sluggish, and most investors choose to wait and see. The current market clearly shows a bearish dominance, and it is necessary to firmly seize short opportunities to avoid blindly entering and becoming the "greater fool"!
Operation Recommendations
BTC: Short positions in the range of 109800-110600, targeting 108500.
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