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Sjuul Follings: Bitcoin trades in range as liquidity risks persist

Sjuul Follings: Bitcoin trades in range as liquidity risks persist
Bitcoin faces trading range risks

Bitcoin continues to trade within a range, with both support and resistance levels remaining intact.

Sjuul Follings advises that longing at the lower end of the range and shorting at the higher end is currently the most strategic approach. However, Follings also cautions that market makers may actively seek liquidity, urging traders to remain vigilant and avoid being caught up in aggressive moves.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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