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Good evening everyone! Market analysis! Thank you all for your support!
Currently, the 1-hour Candlestick shows a bearish engulfing pattern, and KDJ has formed a death cross, indicating a short-term pullback risk. However, the price still stabilizes above the EMA24/52 moving averages, with a clear divergence between bulls and bears. It is worth noting that this round of Fluctuation has not seen any significant large market orders, and the direction of market maker funds remains a mystery.
, FTX starts to pay out $5 billion. · Distributed via B and K, lasting for 3 days. · Creditors may re-enter the market or completely exit. · Due to rapid inflow of funds, fluctuations may occur.