At present, the situation in the cryptocurrency market is grim. The main funds are like the ebb tide, withdrawing continuously, and Bitcoin (commonly known as "big cake"), which is the market vane.

The downward pressure is increasing, and it has been deeply trapped in the quagmire of the big cycle's correction, and this trend is difficult to reverse quickly and stop in the short term.

Based on the current situation, the subsequent price is likely to continue to fall, and there is a wide space for further exploration. It is conservatively estimated that it will at least fall to the range of 92000-90000. In the short term, the entire market is shrouded in haze, and the outlook is not optimistic.

At the same time, the performance of Ethereum ("Auntie") is also worrying, and it is necessary to pay close attention to the key support level of 3100 below it. Once it falls below, it may trigger a new round of market turmoil.

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