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Will there be a sharp rise after a sharp decline?
Not necessarily. You can refer to Chart 1, which shows the trend after the crash on October 11th, when the price was fluctuating widely around 16,000 points!
Chart 2 shows the current trend, which also has a high probability of experiencing a wide fluctuation range, roughly between 60,000 and 72,000!
Moreover, it has been tested several times near 72,000, and there is a clear sign of resistance. So, can we consider positioning around this range?
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