Today, some little brothers couldn't hold their positions and came to find me. Indeed, the price has been fluctuating around 66,800 for a long time, even reaching up to 67,200 at one point, causing everyone to panic. Here, let me explain with a chart.
If you look at the candlestick chart, you'll see that BTC repeatedly surged to 68,500 and was immediately pushed back. Currently, we're in a bear market, and the market has been weak, with some impulsive traders eager to test lower support levels.
By observing, it's not hard to see that on the 4-hour chart, BTC's highs are continuously gettin
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