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- 🎄 Gate Square · Christmas Warmth Creation Event
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Monday morning BTC strategy, weak short positions, just follow the trend.
In the blink of an eye, a new week has arrived. Wishing all my friends a successful start.
The calm weekend market weakened again last night, with BTC dropping to around 93000. Friends looking to buy the dip should be cautious; recognizing the trend and going with the trend is what you should be doing right now.
Currently, the short positions are absolutely dominant, whether on a large or small scale, it is centered around short positions. The 4-hour chart further shows a waterfall-like decline, fully demonstrating the bearish trend. There are no signs of any rebound in the short term, so in such a strong bearish scenario, it is best to go with the flow.
Morning BTC reference 94700, short positions near 95200, looking down
around 92000-90000.