Let's talk about the current position of the $btc Bull vs Bear Battle. This price is just at the upper boundary of the downward channel, and it has touched it for the fifth time. Theoretically speaking, it's a good position for shorting, and the stop loss can be set easily.
However, from the perspective of the bulls, the current sentiment is good, and there are many positive news. Today, a slight pullback creates a shorting trap, and then it will be pulled up all at once. As long as it rises by 1%, it will trigger a series of short stop losses and liquidations.
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