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Placeholder partner Chris Burniske said that during market volatility and Bitcoin's decline, some long-tail assets may still have upward momentum, while long-term investors continue building positions at levels they favor.
Liquid Capital Li Lihua, the founder, said that Bitcoin has remained range-bound for a long time after the correction, that opportunities to buy the dip may emerge later, and emphasized that investing and trading require patience.
BIT said,BTC has traded sideways for consecutive 12 days, 80000 USD is a key short-term support level; if it breaks below, it may fall further 76000 to the 79000 USD range. It believes that when BTC holds above the 75000 USD mid-range level, the next 1 to 6 months remain relatively positive.