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Bitcoin $BTC has been stable since June 2nd. The daily video content and operational suggestions are generally fine. There is enough space at the arrow point, and text reminders have been posted. The current pace is acceptable.
Regarding the gap on July 3rd, there is nearly $5,000 of room available. Some volume has been added in the four-hour chart, with some acceleration. If you're short-term, you might consider taking profits and backing off at around $6.7. For a longer-term play, you should also lock in some profits to ensure that even if it rises again, you can still play at zero cost.
BTC-2,69%
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This crappy market, I'm glad that during this Lunar New Year, I didn't trade much, just spent wildly on eating and drinking every day, hardly spending any money. Missing two stop-losses and I already have everything 🤣
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Bitcoin $BTC continues to test the previous resistance after fluctuations. Subjectively, I believe that forming a double bottom here could create a good rebound pattern. If market sentiment turns bullish at that time, it will further support the next downward move↓.
Anyway, the closer this is to the previous low, the more attention should be paid to whether volume can pick up above the previous low to confirm a reversal. If it happens, I will bet on a bullish move. This is a position worth trying in the near future. If you don't have time, just wait for the daily candle to close and observe
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Video data savings: $BTC Yesterday, I mentioned the 6.2 level. I first placed some spot buy orders, clearing out the spot from 110,000+. After watching Kong, I haven't mentioned it again. This is a good buying opportunity, not a major bottom, but it’s likely to be a stage bottom. Regarding He Yue, if they plan to go live today, there’s still a bit of risk. Here, we can only try with a 598 loss, which must be accepted. It’s better to wait and see a bit more, confirm the structure before participating. I will be out today and tomorrow, so there won’t be any updates tomorrow.
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February 6 $BTC market, the overall bottom has not yet arrived, but the stage bottom is very likely reached. After clearing over 110,000 in spot holdings, yesterday's video mentioned placing buy orders around 62,000 to buy back some.
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Note, $BTC it seems like the fake breakout here is meant to complete around 745. This move has been discussed multiple times in live streams and videos. If the four-hour close is above 740, preferably above 745, then the stop-loss should be placed at the recent low. Since it's late at night and there are more variables, it's better to keep the position smaller for now. If confirmed tomorrow, look for a better entry point. I tend to be aggressive myself, so I couldn't hold on and went to sleep with some stop-losses in place. #BTC
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February 3rd $btc Market
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February 2 Market #BTC
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Market analysis for January 30
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