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Every Thursday, it's also a good time to review and summarize to clarify the upcoming direction. The market is constantly rising and falling; some are making profits while others are trapped. Essentially, it depends on different perspectives on the market trend.
On the macro level, multiple bullish signals are intertwined, regional instability is unpredictable, indirectly affecting the fluctuations of cryptocurrencies. The Federal Reserve's expectations for future rate cuts are repeatedly tugged back and forth, running throughout the entire market cycle. Meanwhile, various statements from external figures are released, hiding multiple layers of manipulation intentions. Conspiracies and overt schemes are playing out simultaneously, interfering with public judgment.
All news should be combined with real-time market charts for reference and judgment. Currently, the daily chart shows a brief increase in the bullish trend, touching the upper band and facing resistance, then pulling back. Long-term, the range remains between 65,000 and 76,000 with wide fluctuations. In terms of strategy, focus on short positions around the resistance zone.
Trading suggestion: Short near 71,600-72,200, targeting around 70,000-69,400, with a break below 68,000.