Are you all wondering what’s happening? Bitcoin is moving in a narrow range between 68,500 and 69,000, while the broader market keeps dipping. This sideways action is known as 'grinding,' and it's leading to the liquidation of long leverage positions in altcoins. We've seen this play out before, like on August 5th and other times in the past, so be cautious and manage your risk carefully. If you make it through this phase, victory is yours—but remember, it’s a tough ride! The drive for liquidations is real.
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