Greeks.live: The fluctuation in BTC price has made most traders cautious, and the community sentiment seems to be generally bearish
Macro analyst Adam from Greeks.live has released an English community brief, pointing out that after experiencing significant losses, the community sentiment seems to be generally bearish. Traders are closely watching the $82,000 price level as a key support. There are some disagreements in the community; a minority of members believe there may be an increase in the next few months, but recent violent price fluctuations from $95,000 to $78,000 have made most traders cautious. After sudden sell-offs, most traders are in recovery mode and due to margin restrictions many people had no choice but to realize losses rather than roll over their positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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