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I've been watching Bitcoin's price movements, and there's something that concerns me a bit. The recent chart patterns are eerily similar to the movements during the sharp drop to $60k before.
If the minimum support level in the near term is broken, there's a possibility that a similar decline scenario could unfold again. Currently, BTC is trading in the $74,000 range, but how it breaks through this level is a critical point.
Honestly, I feel that market sentiment is quite delicate right now. Compared to the last sharp decline, I'm noticing that the same technical signals are appearing this time as well.
If the price drops below the minimum value, we should be prepared for a significant correction. It's a phase that requires close attention in the short term. Personally, I believe it's valuable to carefully track these price movements.