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This video demonstrates how to use a low cut as a workaround for preventing cell references from changing when copying formulas to a new range. Rather than using a dollar sign to fully fix cell references, the tutorial explains how to handle a mix of relative and absolute referencing. The trick involves copying formulas from one cell to another, especially useful when managing multiple cells with different relative referencing. This technique can be particularly useful in scenarios where you want to prevent relative references from updating during copying.