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This sharp pullback is being blamed on surging oil prices triggered by renewed tensions around the Strait of Hormuz. But beneath the surface, excessive leverage had also built up, and this correction is flushing it out.
In a way, that’s a good thing. In a choppy market, longs get liquidated first, then shorts. The overall uptrend remains intact.$BTC $ETH
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1#SepCPIHikeWatch
2#TSMCOct15Earnings
3#KOSPIDropsOver6%
