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Breaking below 866 is a very critical signal. Once it falls through, the subsequent decline will be quite smooth, and levels like 84 and 82 can be reached in no time. It may seem like today is just consolidating sideways, but in reality, the market has been under pressure—fund flow clearly shows that sellers are continuously offloading. This kind of seemingly calm sideways movement usually can't last too long; ultimately, a direction has to be chosen. Even if large funds enter BTC to support the market, it’s probably just a temporary stopgap; after the rebound, it will still need to continue downward. (For short-term market observation only, the effective cycle may be a few hours to a few days, not investment advice)