Although the market is currently heading towards the end of the downtrend, a potential reversal signal has emerged. The critical support levels of 0.0557 (July 1 UTC) and 0.0087 (September 16 UTC) should be closely monitored. The MACD indicator is showing a divergence of the inflection point, as the DIF rose from -0.0878 to -0.0516 and the MACD bar returned to the value of 0.0118, indicating the accumulation of bullish momentum. The volume data indicates an increase in trading volume of 6 million transactions on September 16 (UTC) and indicates the formation of a hammer. Although the short-term moving average is 0.0156 and the long-term moving average is 0.0842, it is still in a dispersion mode, but the downtrend of the short-term moving average is starting to subside. A corrective wave is expected between 0.0087 and 0.02 in the near term, and it is advisable to continue waiting for additional approval signals.$BTC
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