BTC has been hit by short-selling forces recently, and the price has fallen close to the key support level of $60,000.

Today the market continues to pull back, which is in line with short-term expectations. The current focus is on the strength of the $60,000 support. It is expected that in the absence of major negative news, the $60,000 level should be able to be maintained, and even if there is a short-term break, it will not last unless the closing price falls significantly below this level.

If the recent closing price falls below $60,000, then you need to pay attention to the risks and new lows may appear.

At present, the market is still in a relatively weak state, mainly due to the lack of market expectations and support from good news. To change the current weak pattern, you need to wait patiently for good news to appear.

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