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BTC

Short-term Rally Fades as Momentum Follows Few Green Candles

Yes. But the upward reaction I mentioned today is only a few green candles on the 4-hour chart, followed by 102k etc. We are trying to make money in every candle.
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AI Analysis

The recent market activity indicates a brief bullish reaction characterized by a handful of green candles on the 4-hour chart. This pattern suggests a short-term attempt at upward momentum, but the ov...

AI Recommendation

Considering the recent pattern of minor green candles and the resistance at 102k, it is advisable to remain cautious and not rush into aggressive long positions. Traders should wait for clearer confir...

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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