CoinEx Daily: BTC Trades Below $90K While Macro Sentiment Recovery Points to Short-Term Relief
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Daily View
Bitcoin trades sideways at $88,000, continuing narrow fluctuations below the $90,000 level, down over 30% from its yearly high of $126,000. Amid low trading volume, bulls failed to break through, but long-term holders show reduced selling pressure, potentially signaling short-term relief for the market. Macro risk appetite warms as US stock futures rebound, with stabilizing global funding conditions supporting sentiment for risk assets.
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