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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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【$BTC Signal】Empty position + Observation of position changes
$BTC Price decline accompanied by high open interest, market logic suggests caution against long liquidation or main force distribution risks. The current market does not show clear buying absorption or healthy rebalancing signals; it is advisable to stay on the sidelines.
🎯 Direction: Empty position
Wait for price action to provide a clearer structure. If open interest continues to accumulate during the decline, it may indicate a larger liquidation is brewing; conversely, if the price quickly recovers and open interest decreases, it may just be a short-term shakeout. Currently, there are no advantageous odds opportunities.
Trade 👇 $BTC
here
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