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- 🎄 Gate Square · Christmas Warmth Creation Event
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Bitcoin hit a new low last night
Last night's short position was quite profitable.
I drew a structure for everyone, the support of the trend line is around 96000. This kind of guiding wedge structure generally rebounds to initiate an upward trend. The long-term structure remains unchanged, which is influenced by the small level structure of wave 5, as the new low has not yet begun.
The position for bottom-fishing Bitcoin is within the range from 96000 to now, and a phased accumulation strategy can be adopted.