$BTC

BTC Daily - 4 Hour Level Market Analysis:

The major technical level for Bitcoin has retraced to the positions around 104500 and 103500 as bottom support. From a larger perspective, this can be considered a retracement trend.

However, if this position breaks down, then the current retracement will turn into a downward trend. If a downward trend is initiated, there is a high probability of a decline until Friday.

It is estimated that the market will stop declining around 101000, but Ethereum is slightly different; if Bitcoin holds, Ethereum may have one last surge.

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