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$BTC The current market situation is very clear, with big positions on both ends.
Above around 76,500, there are a bunch of short positions waiting to be liquidated.
Below around 69,500, there are a bunch of long positions waiting to be trapped.
The likely script is this: don’t rush to be bearish, $BTC will probably first test this week’s high, clearing out the shorts above, and then turn downward.