📉📊 Update on $BTC – Post-Drop Analysis 🚨💔

Hello everyone, today is a day of mourning for the crypto community. Our thoughts are with everyone who has been affected by the recent fall. 🙏🏻 Yesterday's decline caused concern, but the structure we looked at previously is holding up. Currently, we are in the lower support zone of the channel.

#Bitcoin experienced a massive sell-off after the ETF was confirmed. It failed to hold the support at $45,000 that we mentioned earlier, dropping all the way to support at $41,500. If liquidity in this area remains above support after the correction, further upside can be seen, but if selling pressure persists, we could see a test of the critical $37,800 level with a close below.

Levels to watch closely are support at $41,500 and resistance at $45,000. The current situation is marked by significant volatility, and it is advisable to avoid excessive leverage. Although the situation is bearish in the short term, prudent risk management is essential.

⚠️ I recommend staying away from positions that are too risky. Although the situation is currently down, it is important to remember that declines can be buying opportunities after appropriate risk management.

Let's stay informed, manage our risk carefully, and remember that markets have a tendency to recover after periods of volatility. #BTC #CryptoMarketAnalysis