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⚠️ ALERT: CRYPTO MARKET WARNING ⚠️
- Bitcoin's price is dropping and might fall below $62,000.
- This could signal a downturn.
- Bitcoin needs to recover soon to avoid dropping below $61,000.
- FTX News: Creditors will get back 118% of their money, which is good, but there are concerns about how assets will be sold.
- ETF News: Money flowing into ETFs was negative yesterday.
- Bitcoin Analysis: Bitcoin seems to be heading down towards support levels between $61,500 and $60,800. A strong response is needed from these levels to remain positive.
- Trading Advice: Wait for confirmation from the market before trading. Consider trading cryptocurrencies like RUN, Athena, Tellor, Phoenix BB, Reserve Rights (RSR), and Luna 2.0 if Bitcoin gets support and turns positive. Be cautious and wait for confirmation before making any trades.#ETHETFS
