BTC: US ​​spot Bitcoin ETF had a net outflow of 2,189 coins yesterday, worth $146 million. Yesterday, a cross line was closed with a certain amount of volume, and there was selling pressure on the upper side. It is now at a relatively critical 120-day moving average position, and the longer this position is worn, the worse it will be. In the next few days, it may choose a false breakthrough to rebound to around 69,000, and finally come down again to confirm the position of the May or October moving average. In the process of the bull market, long-term holding of the currency is still enough.

Newcomers' long-term entry points in batches: 64,000-65,000 range; 60,000-60,500 range; 51,500-51,700 range;

Position allocation suggestions: long-term BTC accounts for 50% of the total position; bull market exit point: to be determined;

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