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QCP Capital's report shows that the price of Bitcoin has fallen for three consecutive weeks, reaching a support level of $112,000, triggering over $1 billion in leveraged long positions #爆仓# . Risk aversion in traditional markets and disappointing U.S. employment data have put pressure on the crypto market. Despite the short-term bearish outlook, the macro structural support remains strong, and the return of institutional funds and sentiment in the options market may indicate a restoration of confidence.
BTC-0.93%
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