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Long positions still couldn't absorb the large short positions of 110,000 to get on board.
Strength is not enough
The time has not yet come.
Or it's about luring shorts, casting a long line to catch big fish.
I don't know.
What can be known is that the hourly chart has formed a head and shoulders top.
The pullback pattern has formed, and the support levels of 108500 and 2550 are not as strong as imagined.
Yesterday, Liang Jingru didn't dare to short positions, and today's Liang Jingru doesn't dare to long positions.
In the worst-case scenario, Bitcoin is gathering three flowers on the daily chart and has returned to 101000.
In the most optimistic scenario, the big cake has been continuously luring short positions, and the next big move is underway.
Generally, it fluctuates between 100,000 and 110,000.
It feels like I've typed so many words, but it's like I haven't said anything.