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#PI From the perspective of trends, the Bitcoin's previous rise trend is clear, with long positions always holding the market dominance, and the overall upward rhythm is solid.
The current pullback is not a trend reversal, but rather a consolidation action during the rise - it is both a digestion of the previous accumulated gains and a foundation for subsequent upward movement.
And this kind of pullback that gradually stabilizes often serves as a clear signal for the continuation of long positions.
Trading recommendation around 121600-121100, looking up to around 122600-123600. #PI