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0120 Bitcoin Daily Report😊😊
Bitcoin further came under pressure, losing the $61,000 mark, as the Greenland dispute escalates further, prompting a quick response from the crypto market. However, the Bitcoin correction remains relatively limited, and market judgment or traders are betting that Trump will ultimately soften the tariff threats. Nonetheless, institutional analysts also note that positive news often receives less reward than negative news catalysts, and Bitcoin is near a critical level with potential for further upside, but geopolitical-related news quickly interrupts this momentum.
High volatility may become the norm. Despite a sharp reversal on Monday, from a technical perspective, Bitcoin's trend structure has not been broken and remains constructive, indicating strong underlying buying interest. However, short-term positions are more persistent, and unless the growth of mature supply begins to outpace the spending of long-term holders, it will remain under pressure. Short-term volatility will dominate.