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It's you
$BTC test the key support area in the volume decline, but the high open interest suggests that the long and short game is fierce, and the market logic suggests that it is necessary to distinguish between long liquidation and main shipments.
🎯 Direction: Short position
The current market needs more price action confirmation: 1) observe the absorption in the 84,000-83,500 range, if the buying order is weak, the structure will weaken; 2) Pay attention to the change of open interest, if the price rebounds but the open interest decreases, it is a passive reduction of long positions, and the sustainability of the rebound is questionable; 3) If the daily line closes below 83,000, it confirms the breakdown of the short-term upward structure.
Trade 👇 $BTC
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