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#BTC The current position is actually very prone to forming a trap structure
making people mistakenly think that the price can't go down and that the market is strong, leading to a large number of long positions being accumulated, only to then pull back and suddenly turn downward.
It's not too late to wait for a confirmed breakout before participating.
Currently, the pressure to sell remains after breaking through 70,000, and the market is undergoing a battle between bulls and bears at this level,
The key now depends on which side the funds ultimately choose to liquidate.