The recent market performance of Bitcoin is indeed like a roller coaster ride. It broke through the important support of $60,000 and rebounded quickly! This ups and downs makes the market particularly lively.

With the frequent occurrence of callbacks and rebounds, the amount of liquidation has increased significantly, and the contract funding rate has even turned negative. All this tells us that market sentiment changes rapidly, just like a roller coaster. But Bitcoin can successfully pull up, indicating that the market still has a certain confidence.

If Bitcoin can break through $65,000 again and stabilize at this level, it may start a new round of upward trend! However, the current market is still volatile, and those altcoins that seem to be stronger than Bitcoin do not necessarily mean that the market has bottomed out.

For investors, facing the current unstable market, buying in batches may be a wise choice. This can reduce risks while seizing favorable market opportunities.

If you are confused about the current market and don’t know how to deal with it, click on the avatar to view the homepage and find me, I will provide you with professional analysis and suggestions!

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