$BTC

A brief summary of the recent market situation: It seems to be a volatile upward trend, but in reality, it's just playing dead and crawling.

The big currency is indeed slowly creeping up, but short-term bulls and bears are still taking turns eating away at each other. And in this wave of market movement, you might think it's institutional support, but in fact, they're just trying to keep you from making rash decisions.

The memory of the crazy bull market before December 18 last year is still fresh, and this current rebound is at most a twitch at the weekly level; it has not escaped the stage of having finished the decline and gasping for breath.

Don't be fooled by the Federal Reserve's three months of feigned inaction this year, trying to trick the market into thinking interest rate cuts are far away. Negative news comes one after another, and in reality, it's just cutting both short and long positions.

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