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📉 It seems that today's plunge has not yet ended. Bitcoin continues to be under selling pressure, and the market shows weakness after a series of liquidations.
In my opinion, new waves of long-position liquidations may still occur, as there is a lot of open interest accumulated in the market. Without clearing excess leverage and introducing fresh liquidity into the crypto market, it will be difficult to form a sustainable upward movement.
⚠️ The coming hours could be decisive for the short-term trend. For now, it’s advisable to closely monitor support levels and manage risks.
#BTC