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Crypto Market Resilience Despite Heavy Sell-off
The current week has been marked as one of the most aggressive selling weeks in the ongoing bullish cycle, constituting about 7.3% of the total weeks with similar or greater bearish pressure. Despite this, the price has already rebounded to 117,000, signaling a positive trend.
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AI Analysis
The analysis of this week's market activity reveals that it is part of a small fraction—approximately 7%—of weeks during the current bullish cycle that experienced such significant bearish pressure, e...
AI Recommendation
Considering the market's resilience and the quick recovery to 117,000 following a week of intense selling, it is advisable to maintain a cautious bullish stance. Investors should watch for confirmatio...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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strong buy