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At the same time, the liquidation chart also shows that there is room for liquidation regardless of long or short positions. A 10% increase can liquidate 1.6 billion short positions, and a 10% decrease can liquidate more than 34% of long positions. Now is a typical wash-out stage. The volatility on the announcement day will definitely be huge. Pay attention to risk avoidance. There is nothing to see from the technical side. Although the daily line has five consecutive negative lines, it can be treated as a correction if the decline is not deep. It is a high position in itself. If the market wants to continue to rise well in the future, the wash-out is an indispensable stage. Intraday strategy recommendation: Short at the pressure level of 69500-69800 Long at the support level of 67480-67200
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For the current information, the K-line pattern and news are very confusing. Note that the US stock market has changed to open at 22:30 Beijing time and close at 5:00. Polymarket said that Trump's winning rate has dropped to 54.5%. Mentougou has been shipped. The US media exposed that the wash trading caused BTC to fall from a high level. The recent trend is difficult to determine. There are two time points to pay attention to. The counting of votes for the presidential election will begin on November 5. The announcement time may be postponed. I personally feel that the results will be released on the 6th. The interest rate cut node on November 8th. The good news is that Trump is currently leading in 4 of the 6 states. The number of votes is more than 15%. Haha, sister, the apparent winning rate is much greater.
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