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BTC Weekend Market Analysis
Yesterday, I warned everyone that it would drop below 69K, and as expected, it fell to the support level around 65K. The weekend market is mainly characterized by consolidation, with a range between 65.5K and 67.6K.
At the daily chart level, even if it drops further from this position, it will form a divergence between price and volume. Therefore, any downward movement from this level presents an opportunity for phased dollar-cost averaging.
There will be a rebound on smaller timeframes, but the rebound will be weak. As long as it doesn't break 67.6K, a second test is still possible.