Recently, the price of Bitcoin has experienced fluctuations and a pullback, raising concerns in the market about the end of the long positions trend. However, these worries may be unnecessary. From a more macro perspective, the current adjustment seems more like a process of building momentum rather than a turning point in the trend.



The market structure is still under the control of long positions, and this round of pullback actually provides investors with a rare opportunity to enter at a low position. For investors who have already established positions, this is not a reason for panic selling, but rather a reason to strengthen confidence in holding long positions.

In terms of the current market, the price level around 116300 may be an ideal entry point. Investors can consider building a position at this level while setting a reasonable stop loss to control risk. In the short term, we can view 119500 as a potential target.

It is worth noting that despite uncertainties in the market such as the increase in tariffs by the United States, the overall trend shows that long positions still dominate. At the same time, the news of Ethereum whales accumulating has also boosted market confidence to some extent.

Overall, under the premise of grasping the general trend, maintaining a long positions mindset remains a relatively wise strategy at this stage. For investors capable of identifying trends, the current market adjustment undoubtedly provides an excellent layout opportunity.
BTC0.35%
ETH8%
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zkProofInThePuddingvip
· 08-10 18:44
The rebound has happened, let's go all in!
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IfIWereOnChainvip
· 08-10 13:21
Ah, in a bull run, we must pump for a long wick candle.
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GhostAddressMinervip
· 08-08 05:49
Just detected some suspicious fund transfers. It seems that the market maker has already laid out plans in advance.
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HalfBuddhaMoneyvip
· 08-08 05:36
Gotta be quick with this market!
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DegenWhisperervip
· 08-08 05:33
Fall is healthier~ Bullish!
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token_therapistvip
· 08-08 05:26
See who keeps falling and is still playing people for suckers.
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