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For long positions, the toughest day is over. Yesterday morning, the low points were estimated to be the bottom fishing points, and now the average price looks very advantageous. BTC has rebounded several times near 90,000, and the rebound has directly hit 96,000-97,000, then it will digest the pressure at 98,200, and then it will surge again to 100,000 and above. This directly indicates that the bull run is not over. If it were over, it would directly fall below 90,000, 80,000, 70,000 in the bear market...
The 177.85 near the weekly middle rail of SOL is now seen as the bottom. No one dares to guarantee that the pullback to this point must be the lowest point, nor should one deliberately pursue the lowest point to enter. If you don't add positions at the weekly Bollinger Band middle rail, it means you are thinking about the cryptocurrency market going to zero.
Today, the Rebound rose to near the 97750 resistance, with support moving up to 95755. A pullback to 96085-95755 would be a good entry point for long positions.
#Gate.io Annual Report 2024 #XmasWithGatePost #USUAL and MOVE surge, are you bullish?