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After browsing Twitter, there are a lot of "Azus" out there.
When the market is unclear, sentiment becomes a very important reference indicator, and right now everyone is extremely panicked.
$BTC keeps making fake moves every day, but the price isn’t clearly dropping, which has led to quite a few people closing longs and turning short.
At least before there’s a big red candle smashing through the consolidation area (wicks don’t count), I’m still inclined to think there will be another rally. It’s definitely tough to open new positions now without a cost advantage 😉
#BTC