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BTC experienced a pullback last night with the phrase "should clear or not clear", and stopped falling and rebounded above the long positions liquidation zone. If a higher high can be established at a smaller scale, the pullback may temporarily come to an end.
Futures liquidity is beneficial for long positions, and the price pullback is due to the supply of dollar spot funds. Only after this supply is exhausted will there be a continuous rebound.
The cost-effectiveness of short positions in the short term is declining, and going long requires waiting for key signals: price breaks 115.8k and closes with a strong long candlestick with volume.
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