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Bitcoin's cryptocurrency market is starting to turn bearish. Looking at recent charts, BTC is trading around $80k, and the downtrend has continued over the past few days. According to market data, it's currently trading near $80,780, down about 0.23% in 24 hours.
I'm curious whether this overall decline in the cryptocurrency market will continue a bit longer. From a technical perspective, this level seems to be an important support, so whether it rebounds from here is a key point. In the short term, the downward pressure on cryptocurrencies remains, but for long-term holders, it might be a buying opportunity.