The current trend of Bitcoin (BTC) shows a narrowing decline but has not yet stabilized, still slowly moving downwards.

It is worth noting that market panic has eased, and selling pressure has correspondingly decreased. However, vigilance is still required to prevent a sudden sharp drop in Bitcoin, which could have a ripple effect on the altcoin market.

Of course, the above is merely a personal opinion, and investment decisions should be made independently.

Bitcoin is expected to fluctuate between $94,000 and $98,000. The current market panic has significantly eased; if Bitcoin falls below $90,000, it may provide a good opportunity for investors to build positions.

Generally speaking, the crash cycles in a bull market typically last 7 to 11 days, and from a time perspective, we are currently approaching the end of this cycle.

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