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A liquidation flush doesn't automatically mean the market has bottomed. â ïž
The market is still defensive, and Iâm not convinced that clearing out leveraged longs is enough to trigger a real recovery.
$BTC around $76,900 is at a critical level. The rejection at $80K has turned former support into resistance. Until Bitcoin reclaims $80K with strong momentum, sellers remain in control.
What worries me most is the lack of a convincing rebound across the wider market.
#Bitcoin
#DailyOrbit

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