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I remain bullish on short-term price action. The logic resonates with the market structure, and I have strong conviction. Rising lows at progressively higher levels is the strongest signal of a bull trend. This isn't a bounce—it's a consolidation of costs before a reversal.
The trend line overhead is suppressing price, but it's just the final illusion meant to scare off the faint-hearted. Each pullback gets shallower, each correction gets shorter, indicating selling pressure from bears is exhausted.
Buy orders keep entering, low-level chips are being accumulated heavily, the supply-demand dynamic has completely shifted. The market is now quietly accomplishing one thing: clearing out all selling pressure and building up upward momentum. Once we see volume break through, it confirms the reversal.
Trading suggestions: Buy near 70000-69400, target 71400-72000 above, clear breakout at 74000
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