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$BTC is still Bitcoin, inserting needles near 94k in the early morning. As Bitcoin is back to more than 90k $BTC While eliminating short positions, the market also reached a daily pressure area, which is a key rebound resistance area. The market's bearish sentiment has intensified again in the past few days, and the altcoins have gone completely crazy. The rebounds from oversold conditions are usually short and intense. Need to calm down; without a significant bullish breakout here, Bitcoin has not reversed.
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Dogecoin (DOGE) rises to $0.48? A new round of bull market is about to start? In the past 24 hours, Dogecoin (DOGE) has experienced a short pullback, but this may be the calm before the storm. Historical data shows that every time DOGE steps back on the key support line, it will usher in a more violent rise - last week's 18% surge is just an appetizer, and the real market is still to come. The key support level has arrived, and $0.22 has become the battle point between longs and shorts. DOGE has just stepped back on the rising trend line, which has detonated the market many times in the past, pushing the price to $0.48! At present, $0.22 has become the life and death line. Once it stands firm, the upward channel will be completely opened, with the target directly pointing to $0.38 (liquidity-intensive area), and even challenging the previous high. #DOGE
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Markets move in cycles, and understanding their psychology helps traders stay disciplined, manage risk, and make smarter decisions. The Cycle: 🔸Euphoria: Prices surge, confidence grows, and traders rush in. 🔸Complacency & Anxiety: Momentum slows, and uncertainty creeps in. 🔸Capitulation & Reassessment: Prices decline, leading to cautious decision-making. 🔸Hope & Recovery: Sentiment stabilizes as traders look for new opportunities. Have you experienced these market cycles firsthand? What strategies help you stay focused and disciplined? #MastertheMarket
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