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Last night, BTC's movement was quite exciting. It first retreated to 106,500 and then started to fluctuate downward. When the US stock market opened, it dropped even more sharply. Although the S&P 500 performed relatively well with a low open and a rebound, BTC was not convinced, breaking through several support levels and heading straight to 102,400.



This morning, the chart shows a slight upward movement. That trend line has been tested three times already, indicating a potential bottoming pattern from a technical perspective. However, the bulls still lack the momentum. I personally think it's better to wait and see if the bulls can really gather strength before entering the market. The resistance levels above are not to be taken lightly; if they are not broken decisively, a pullback is almost inevitable.
BTC-1.06%
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GasFeeTearsvip
· 10h ago
Since we're here, let's go for it.
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MrDecodervip
· 22h ago
Wait for a wave of decline before entering the market again.
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MetaverseVagrantvip
· 22h ago
Waiting to attend the banquet
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IronHeadMinervip
· 22h ago
I love the thrill of sharp rises and falls.
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TaxEvadervip
· 22h ago
Just this action, just watching the fun.
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BlockTalkvip
· 23h ago
This wave of BTC really can't hold up anymore.
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GasSavingMastervip
· 23h ago
It's another frantic day of selling off.
View OriginalReply0
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