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After Bitcoin consolidates near the lower range, it will most likely break below the Bollinger lower band support around 60,594, continue moving downward, and the next observation level below is near the 60,000 integer mark. If the price cannot effectively break through the resistance around the Bollinger middle band at 61,871, the bearish trend will not change, and any rebound will be an opportunity to short.
Bitcoin: around 61,500, 〓 target 60,000
Ethereum: around 1,660, 〓 target 1,570