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Last night, BTC ETF saw a huge outflow of funds, with the largest single-day long positions Get Liquidated since the bull market began, BTC price fell below the oscillation range formed after months of consolidation, greed and fear index plummeted to 21, the market is filled with panic, a terrible scene.
But crises often hide opportunities, and now is the perfect time to buy in!
I provided an important reminder in advance last night, clearly pointing out that BTC86000 is a key support level, and predicted that there is a high probability of a rally in the second half of the night. I suggest everyone to go long boldly at the short-term support level. The actual market fell to a minimum of 86042, followed by a strong rebound of 3500 points, accurately bottom fishing!
In the Ethereum side, laying out long positions near 2370 also reaped great rewards, with the price rebounding to 2530.
After yesterday's sharp drop, the cryptocurrency market has basically completed the bottoming out. After this round of bloodbath, the darkest moment has passed, and the light is about to come. The new round of market trend is worth looking forward to!