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I glanced at the midday market, and this trend is indeed not looking good.
From the four-hour level, the overall downward pressure is significantly increasing. The bearish forces are accumulating continuously, with the moving averages forming a typical bearish arrangement, and the price is repeatedly testing below the moving averages. More critically, the trading volume is continually shrinking, and such a volume drop often indicates that the market is still searching for a real support area.
My personal judgment of the current position:
#数字资产代币化浪潮 If it rebounds to the range of 95500-96000, it may encounter significant resistance, while the support to watch below is at the 93000-92000 line.
$BTC Following the same logic, the 3200-3250 range faces strong resistance, and the downside may see levels between 3050-2950.
Market sentiment is cautiously optimistic, and it is still mainly about controlling positions in the short term.