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Bitcoin is trading at $108,490 with a loss of 0.20% in the last 24 hours. The daily trading volume is $23.47 billion, and the market capitalization is recorded at $2.16 trillion. However, market indicators do not yet indicate a dip level.
According to Santiment data, "buy the dip" shares are increasing on social media. Historically, this situation indicates that sellers are still active in the market. A real dip is characterized by investor fatigue, capitulation, and a lack of buying interest. These signs are not yet observed.
This means that Bitcoin may still face pressure in the short term. A warning for investors: It is important to be cautious against liquidity traps in the coming weeks #Gate Lists Ondo Spot Trading Zone