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<h3>Fireline Report</h3>
<p>Bitlayer is a Layer2 project focusing on BTCFi. BTR held its TGE today. The bullish and bearish sentiments in the market were in a standoff. Some heavily invested players were forced to leave the market due to margin calls, and the market risk appetite has obviously cooled down.</p>
<h3>Behind The Scenes</h3>
<p>Large investors are guiding the pace, and the market is fluctuating violently. The project party has previously cashed out through the NFT and points stages. The TGE stage did not force the coin price, and the on-chain liquidity is still tight.</p>
<h3>Trading Guide</h3>
<p>The chips that are rushing up are not clean. Short-term trading is only suitable for taking profits while making profits. Don’t try to get your hands on them randomly. Aggressive operations are very likely to cause pitfalls. Conservative players are advised to wait and see.</p>
<p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 08-28 04:15</small><br><small>AI-generated summary, not investment advice</small></p></div>