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GM ☀️ Although #Bitcoin rose to $58,000, it has once again fallen below the $57,300 support level. If the $56,117 support is broken, Bitcoin could face further trouble. Today, Fed member BOWMAN will be speaking, but there are no other major data releases. Therefore, it’s wise to be cautious when taking long positions.
Funding rates are slowly turning positive, and Open Interest has increased compared to yesterday.
Additionally, while many #altcoins briefly broke above their resistance levels, they are gradually retracing. 1 reply
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