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7.31 Bitcoin Market Analysis
The uptrend from 98115 to 123300 has ended.
The adjustment level has expanded from 123300 to now; this is not a 4th wave adjustment, but rather a double zigzag adjustment structure.
Currently in an x-wave rebound, there will be a second zigzag decline afterwards, with support around 110,000.
It has been 16 days since the adjustment from 123300, and it is expected to adjust for about 25 days.
#开单建议#
Close long position, short around 118700.
#比特币走势分析 # BTC trend analysis