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Based on the current 4-hour trend, the market has slowed significantly after a wave of decline, no longer continuing to drop, and has firmly stayed above the middle band of the Bollinger Bands.
The current support level is quite strong. This wave of bearish correction has not effectively broken below the key support zone below. This is the dividing line between bulls and bears. As long as it holds, there is a high probability of stabilization and a rebound, leading to a new upward trend.
Bitcoin resistance: 70500, 71500; support: 69500, 69000
Altcoin resistance: 2050, 2080; support: 2020, 1980