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Hello, good weekend. Yesterday, the BTC market showed a volatile downward trend, with the fall continuing until early morning. Will it continue to fall today?
Currently, the BTC market trend is in a correction phase after a continuous 10-day oscillation upward, with the upward structure being quite chaotic and not very orderly. The adjustment phase began the night before last, and it appears that this wave is gradually coming to an end. The short-term support is in the 106000 range. If today's price reaches this level, a rebound can be planned. After the rebound, it will continue to adjust downward, with resistance at 109000 and a reversal point at 110000.