Bull Return🐂, Bull Return🐂, Rapid Return#btc

1. The 15-minute sell-off this morning caused quite a few retail investors to be cleared out. The extreme panic index has reached an unprecedented level of 5. However, the good news is that each rebound requires a second retest, and the price has not broken below the previous low, so stay calm and maintain your emotions and state.

2. Bitcoin closed this week below the 200-week EMA, which technically means the EMA has lost its support role. During any upcoming rebound, it may turn into resistance. Historically, whenever Bitcoin's weekly close falls below the 200-week EMA and undergoes a bearish retest, it triggers further bearish acceleration downward.

3. So don’t be bound by technicals alone, because this decline has lasted six months, which is very rare in history. Therefore, rebounds are also very rare. Bull Return, Rapid Return!
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