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Big Data Week is here, and Bitcoin's volatility this week could be quite intense. My personal approach is still to let the price surge first to liquidate some long positions, then decline — no one can say exactly how high it will go, but around 9.8 should be a reasonable target.
This isn't about stubbornness or being headstrong; the details are already laid out on the chart. Instead of desperately chasing the final gains, it's better to stay patient now. Don't rush to open short positions; the risk is indeed high. Based on observations, there is a high probability of good shorting opportunities this week or next week, so it might be worth waiting and watching.
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Patience for opportunities again, I've heard this talk too many times.
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Better not go short, things have been really chaotic this week.
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Liquidate the longs then drop? Easier said than done.
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Where are the chart details? They all seem the same.
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9.8? I bet it won't reach that.
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Just wait and see, anyway rushing won't help.