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Greeks.live: Market sentiment leans cautiously bearish, with key support levels at 106000 to 107000 USD.
According to a report by Golden Finance, macro analyst Adam from Greeks.live released today's Chinese community briefing stating that market sentiment is cautiously bearish. The fact that BTC has failed to hold new highs has raised concerns among some investors. A large amount of long positions liquidation and the important support level of 106000 - 107000 USD are being followed, with most believing that a drop below this level will accelerate the decline.