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The market reference for number 6 has been updated, please check!
BTC has entered a high adjustment phase as expected. While the volume is decreasing, the volatility is also diminishing, and market sentiment is neutral. As shown in the chart, after the bullish flag forms, there is a breakthrough but not significant. There are clear bear trap signs, but the middle band of the daily chart continues to rise during the consolidation phase. After the US stock market reopens, a large fluctuation is expected to arrive, and Dachuan still maintains a low-dip strategy.
Position below 107200, target 110000, if broken, look for 112000.