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#gStocks代币化股票上线
Now let's break it down. #BTC has broken out of its nearly month-long bottom consolidation, and it's a downward breakout. Previously, it would bounce back each time it touched the 30-day moving average, but this time it has broken straight through.
Let's set aside the fundamentals for now. Looking purely at the technical charts, the next support below is the 60-day moving average or the 200-day moving average, which is longer than the 15-day moving average. The 200-day moving average can be considered the last line of defense in a bull market.
Based on the current price action, prices are still trending lower. We're trying to defend the 61,200 level, but if it fails to hold, the next support is the psychological 60,000 mark. If 60,000 is broken, market confidence might collapse.