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Greeks.live: Bitcoin has been fluctuating in the range of $105,000 to $110,000 for too long, lacking a clear direction.
According to Mars Finance, Adam, a macro researcher from Greeks.live, published a Chinese community briefing, pointing out that the group generally feels anxious about the current market, believing that Bitcoin has been oscillating for too long in the range of 105,000 to 110,000 USD, lacking a clear direction. Traders are focusing on 107,000 USD as an important support level for Bitcoin, and it is generally believed that if it falls below this position, the market will not be very optimistic, while also looking forward to generating fluctuations through a false breakout of new highs.