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BTC continues to decline📉
Reaching the key support at 63,200
Is a waterfall washout coming?️
As the US stock market opens, BTC has started a new round of decline📉 The current drop is actually quite reasonable
It was also within my expectations because I mentioned at noon today that 63,200-62,000 is the support level, and if you want to go long, this level is worth observing📈
Support levels must be tested, so I think this decline provides enough trading opportunities for both bulls and bears
Therefore, I believe the current decline is normal, and I do not think a downtrend has formed yet. If it breaks below support again tomorrow, I will continue to update.