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$BTC 7.4 Bitcoin price today: Bitcoin is currently around 109600, and it has just started a new round from the starting point, which is the upward point after the completion of the C wave pullback. At the current position, this segment can only be defined as the first small wave of rise, which means that the market has just begun.
Currently, we are experiencing a small-level second wave correction, and this correction is likely to test the level around 108,000. In this market phase, only long positions should be taken, and short positions should be avoided, or it will be easy to get trapped.
In summary, both Bitcoin and Ether are in the white zone, in the 2nd wave correction after the 1st wave pump. Once completed, it will be the 3rd wave rise, and the pullback is a good time to continue going long.