Attention!!!

Attention!!!

Bitcoin continues to bottom out!!!

Bitcoin market has been hit hard again, with prices dropping to a new low of 53486. The current decline has not shown any signs of stabilization, and the overall decline has been maintained, showing a trend of a small rebound followed by a new low. Therefore, the market outlook is still bearish in the short term. We need to pay close attention to whether the pressure level of 56500 can be effectively broken through, while the support level below is set at around 52000.

Auntie market:

Auntie coin has not been spared, and the lowest price has broken through the support of 2810. As the early market analysis said, the market is not stable, and it continues to drop to find a more solid bottom support. The current market sentiment is pessimistic, with 3100 above becoming an important resistance level, and the support level of 2550 below needs to be vigilant.

The altcoin sector is also mired in the quagmire and continues to suffer heavy losses, showing a slow but continuous downward trend, which is as painful as cutting meat with a blunt knife. Given that the current market environment has not yet shown a clear bottom signal, investors are advised to remain cautious and wait and see to avoid blindly buying the bottom. In the short term, the altcoin market may continue to experience a correction, and investors need to wait patiently for a better entry opportunity.

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