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Bitcoin will close the monthly chart early tomorrow morning. This month’s gains have been retraced, and market sentiment remains cautious. The medium-term trend awaits confirmation from the monthly chart.
Core support levels are at 64,000-63,000; stabilization above these levels could target 82,000. An effective break below may trigger a decline toward 58,200, which could be bearish and lead to a sharp drop.
Trading should be based on the validity of support levels, with strict risk control. Avoid chasing rallies or panic selling, and wait for clear signals.
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