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I am Hua Tuo, the true doctor of the crypto world.
Yesterday, at the critical milestone of 70,000, the market was flooded with voices advocating for "buying long at the current price" or even "heavy long positions." Such behavior is clearly lacking logical support under the current structure. It’s obvious to see that the market will test the support level at 68,800 and then look downward to see where the market can find support.
In my previous analysis, I repeatedly emphasized that the influence of oil prices on the crypto market is increasing at this stage, and the correlation between precious metals and the crypto space is shifting from an early negative correlation to a synchronized resonance. This means macro variables have once again become the core of pricing, rather than relying solely on short-term sentiment or technical speculation.
Many key ideas and predictions I have already provided in advance, including the core range and potential turning points. Those who are patient and attentive may not always profit immediately, but they will definitely help you avoid many market risks.
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