$OP I am here to show you the bottom pants of the dog dealer! OP's pullback this time is a precise wash, don't be scared into handing over your chips by this fake drop, as it just fits perfectly into the trap set by the dealer.
Look at the chart, the long-short ratio has already been pulled to 1.56 in 24 hours, big players are crazily catching knives at low positions, but the open interest is still holding on. The trading volume in the spot market has clearly shrunk, indicating that retail investors are panic selling, while institutions have long since set up defenses around 0.1117. The biggest pain point is around 0.1170, this is the position where the dog dealer wants to pull back to harvest the shorts.
Listen carefully, enter directly at 0.11520. Stop loss firmly at 0.11174, if it breaks, just accept it, do not give the dog dealer a second chance to harvest. Take profit at 0.11727, 0.11866, and the extreme point at 0.11889.
Click the avatar to watch the live broadcast, taking you to capture the dog dealer.
The above content is only market analysis and does not constitute any investment advice. Investment carries risks, and one must be cautious when entering the market.
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#BTC #OP