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This Bitcoin indicator is at a critical moment, will bulls find victory?
On chain data shows that Bitcoin indicators are currently being retested at a critical level, which may determine the direction of the market from here.Bitcoin short-term holder SOPR has dropped to 1As an analyst pointed out in a CryptoQuant post, short-term holders are currently selling at breakeven points
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Dog coins cause bearish breakouts, and bulls can consider these levels
According to TradeView, Dogcoin [DOGE] plummeted by 5.4% on May 8th, causing a bearish break from its previous price consolidation range (yellow)
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Dogcoin bulls will gain control after a sharp drop
In the past month, DOGE holders have experienced a 25% pullback.Despite the recent price drop, user activity on the internet continues to surge
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Bitcoin bulls prepare for BTC prices to break through $30000
According to CoinGecko's data, the current level of Bitcoin (BTC) prices around $29000 has increased by over 6.0% in the past 24 hours
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Bitcoin bulls continue to push, why hasn't the rebound ended yet
Bitcoin prices have started a new rise above the resistance level of $29000. If it significantly breaks through the resistance level of $30000, BTC may rebound
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Is Bitcoin bulls continuing? The market is gradually recovering!
Market panic led to the liquidation of $300 million worth of positions and the erasure of $1 billion of open positions within 24 hours. This is a major blow for both long and short traders, as many are forced to sell at a loss
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The volatility of Bitcoin prices has increased, which is why bulls are safe
Bitcoin prices have experienced several sharp fluctuations above the fulcrum level of $28500. BTC is currently rising and showing positive signs above $28800