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Secondary negotiations rekindle doubts, with mainstream assets declining under weekend pressure, and even counterfeit coins suffering sharp drops!
This week, Bitcoin rebounded from around 70k, with an impressive rally from Monday to Friday, steadily breaking through the 78k resistance level. Unfortunately, due to increased risk aversion over the weekend, the trend shifted downward.
Having only fallen over 2,000 points, many are now looking at 60k or even 50k. Well, as long as 75k hasn't been broken and the 70k strong support remains, you can short high in the short term, but retracements are still good entry points.
I see the short-term correction as a reasonable adjustment, and before 2 a.m. on Monday, focus on the 75k support level. $BTC