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#BTC cake has reached weekly and monthly support near 58k. The rebound is weak; bulls and bears are fighting it out at this level. If the bulls can hold, there’s still a chance to see a shark pattern. If 58k breaks and the defense fails, you’ll directly see support at 50-52k. The institutional accumulation zone has shifted down to the 50-58k range to consolidate.
PS: Trading still needs to consider all possible scenarios in advance—don’t be careless. Small trial orders are okay, but if you hold through and it blows up, it’ll be GG.