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The past is eerily similar! The big exchange internal war has reignited, is the 72000 level a safe haven or a crematorium? ๐๐
Old crypto veterans still remember 2019, right? Back then, whenever two major exchanges clashed, Bitcoin would start to plunge. History always rhymes, and with CZโs new book sparking this โchain of business battles,โ the market at 72000 already shows signs of a chilling atmosphere!
Bullish logic:
Currently, the support at 72000 remains stubborn, and the ceasefire agreement has given the bulls a breather. If the fierce exchanges among the big players are just to hype the new book and donโt affect platform operations, then after clearing out this wave of high-leverage shorts, the main upward wave will still aim for 75000.
Bearish logic:
Superstition must be believed! When founders start exposing each otherโs flaws, it often indicates that market liquidity is facing some unknown risks. The liquidation map shows dense liquidity waiting below 68000 for the hunt. If 71500 is lost, itโs no longer a correction but a new round of โfounder fight and grab.โ
Operational advice:
At this moment, both topping out and bottom fishing are extremely risky. Keep a close eye on the 71500 to 73100 rangeโdonโt break through or act prematurely! Stop-losses must be set properly; donโt let the aftermath of giants fighting shatter your account.
Stay calm in the madness; preserving your capital is the only way to qualify for the next episode! ๐ฅ
Expert warm reminder:
This kind of โbusiness warโ market usually comes with extreme price spikes. Itโs recommended to reduce leverage below 10x. The current ETH trend around 2167 is very similarโboth sides are shrinking volume, and a breakout could happen tonight. $ETH โ$BTC โ#Gateๅนฟๅบๅๆๅๅธๆๆ