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Willy Woo: Bitcoin Network Sees First Inflow of Funds in Weeks, Signaling Structural Support Buildup

BlockBeats News, August 30th, Crypto analyst Willy Woo published a post stating that after several weeks of declining inflows, the Bitcoin network saw its first day of inflow growth, marking the first sign of Bitcoin's structural bottoming. Bitcoin is currently stabilizing, and to form a bullish structure, investors need to continue buying the dip. This process has already begun.

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1. Willy Woo: Bullish indicators have suppressed bearish indicators. If BTC breaks through 73k, it will be squeezed to 77k; 2. The US SEC issued multiple Ethereum spot ETF S-1 application effectiveness notices; 3. US politicians can accept cryptocurrency donations on the Base chain; 4. Avail: Users who have received Unification Drop will start distributing AVAIL tokens at 17:00 today; 5. OKX will soon launch DEGEN and SLERF spot transactions
The current model indicates that the current stage is equivalent to April 2017, just before the bull market's primary uptrend.
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