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AuspiciousSnowHeralds

· 11-26 10:28

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AuspiciousSnowHeralds

· 11-26 07:31

Delphi Digital: BTC bullish if it breaks $103,500, stablecoin indicators show poor upward background According to Golden Finance, Delphi Digital analysts posted on platform X analyzing the current bullish and bearish structures formed by BTC. The bullish scenario considers the current trend as an ABC pullback, which needs to effectively complete and break $103,500 to confirm. The bearish scenario is that any position below $103,500 forms a lower high during the current rebound, which will trigger the next wave of decline to complete a full 5-wave downward impulse, after which a larger scale sustained rebound will occur. Additionally, USDT's dominance is breaking the long-term downtrend, and its supply is contracting on the weekly chart, which is not the ideal backdrop typically seen before persistent price increases.

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