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Meilin (美林 / 美琳)
Last night the Nasdaq had a big rebound, but $BTC did not follow. My understanding is that it's a matter of timing.
1. At the start, BTC bulls showed strong resistance, refusing a deep pullback, but it was still dragged down by the US stock market;
2. So when the US stock market, especially certain tech stocks, have already fallen to a good value, naturally the priority for capital purchases will be higher than Bitcoin.
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