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1. **Potential BTC Dump**:
- **Reason**: Significant news is expected today, which may cause BTC to fall gradually or quickly.
- **Fluctuation Zones**: BTC is currently fluctuating between 71,500 and 69,000.
- **Profit Target**: As mentioned in my earlier signals, the 71,000 profit target (4TP) is still valid.
- **Correction Possibility**: Due to the news, a temporary correction is likely. Positive news on Friday (NFP) previously caused BTC to spike, but we might see a correction before the news release. Current resistance is at 71,000, which is difficult to break.
2. **Key Support and Resistance Areas**:
- **Failed to Break Upwards**: BTC has failed to break above the 70,500 and 70,300 levels, which are crucial areas.
- **Negative Signal**: If BTC does not close above 70,500, it gives a negative signal.
- **Support Levels**: Downside support levels are at 69,500 and 69,800. Breaking below 69,500 could lead BTC back to 69,000 and lower.
- **RSI Indicator**: The RSI (4H) indicates a potential drop, especially with negative closing candles before the current candle, increasing the probability of a downturn.
