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August 2, 2025 4:09 AM
Sharifi
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The market currently shows more bullish signs than bearish. The combination of rising volume on price support tests, long-biased open interest, and ongoing short liquidations as indicated by Coinglass-type data, all support the likelihood of a bullish reversal or bounce from the levels shown on chart. However, confirmation from a strong daily candle and continued volume is key before a full bullish bias is assumed.

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