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Mentioned it longer than today that I actually expect us to hold here and recover to previous support levels (up to ~80k). Not breaking the current local lows and range on bad news reinforces that thesis even further. Along with the fact we are heavily oversold short term. But I keep reiterating that we will need to reevaluate from there. Structure still follows a downtrend. That hasn't changed. And yes, while it will end at some point, it USUALLY does so after testing the previous support, then coming down again to make a higher low and push up from there. But only if it's a real reversal which isn't a given yet despite all the economic political arguments everyone makes (they meant nothing during this entire dump so far). Hence the importance of reevaluating higher up from here. But for now likely higher from here 👌

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