BTC, as mentioned earlier, it was time to trade the rebound between 4 AM and 8 AM on the 7th, and now we can see it has happened.
The drop at 6 AM was a tactical move by those looking to short the market, deliberately eating up some of the lower bid orders to increase liquidity and create additional sell pressure on BTC, before going in with market buys to trigger a rebound all the way up.
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$BTC
{future}(BTCUSDT)