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BTC first pumped and then fell, as usual. Recently, it has been repeatedly indicated that the major resistance for Bitcoin is 88500, which cannot be surpassed; it is just a rebound, not a reversal. Short can be considered near 88500. The live channel has also explained multiple times to reduce position when it goes up and buy back later. Sell at 88500, with the buy-back level indicated at the open orders point near 82000.
The surface appearance is that the decline is caused by tariffs, and Trump has declared a state of emergency in the U.S., but in reality, the market is using this news for a washout action. The recent live channel has repeatedly indicated that we are currently in a range-bound market with up-and-down fluctuations. Do not be overly bullish; it is just a rebound and not a reversal. When the price goes up, it is necessary to reduce position or sell, and buy back during the pullback.
But don't be afraid, it's time to enter, a future rise is inevitable, don't be intimidated by the manipulators.
However, this Ethereum coin is really trash. Bitcoin has pumped to 88500, while it has only reached 1955, which is truly frustrating. It's better to go long on Bitcoin, and if going short, it’s better to short Ethereum.