In the past two days, BTC has shown a shrinking and narrow downward trend, which is a relatively benign secondary testing method.

Currently, Bitcoin is still in a pattern where the bottom of the decline and the top of the rebound are gradually moving lower, making it difficult to determine whether the secondary test has concluded. From the perspective of moving averages, this secondary test has continuously been suppressed by the 72-hour moving average. Only by breaking through this suppression can we confirm the end of the secondary test.

However, today's issuance of USDT has positively affected the volume-price relationship, with Bitcoin's rebound trading volume increasing and surpassing the trading volume during the decline, indicating that the secondary test is nearing its end.

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