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The market will fluctuate back and forth recently. It will keep surging and falling back. Surging and falling back. There are a few main reasons: tensions with old Tetra over there and in Europe, the tense US-Iran situation, the Japanese yen bond yields have risen quite a bit, and the Federal Reserve's statements are also hard to guarantee. However, there are two positive signals: a new issuance of 1 billion USDT stablecoins on the chain, indicating that funds are preparing to enter; additionally, large institutions are secretly increasing their holdings of Bitcoin and Ethereum. Looking at it this way, the dip we see now might be the best entry opportunity of the year.
Reflecting on yesterday's market, it was a "draw line" around 88,000!
The 90,000 resistance level above is like an "iron gate," hard to break through and difficult to stabilize above. Before that, the strategy was mainly bearish. It’s best to trade high short and low long within the 88,000–91,000 range!
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