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Let's look at tonight's Bitcoin market outlook!
The key support on the hourly chart has been directly broken, and a new downward trend has officially begun!
Currently, the 4-hour price just touched the lower Bollinger Band, entering a short-term consolidation and recovery phase.
Based on the market rhythm, it is expected that before midnight, the overall trend will mainly be sideways trading and consolidation.
Tonight's only two key turning points are:
✅ Once the market strongly recovers in the evening and reestablishes above the 77,000 level, the downward structure will directly reverse, and the bullish outlook in the morning can still be maintained;
❌ Conversely, if the critical support at 76,000 is broken, the short-term bullish momentum will be completely extinguished, and no rebound opportunities will be seen, with a continued decline in weak market conditions! $BTC $GT $DOGE