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The market has now reached a critical node—either it starts to rebound from here, or we have entered a bear market.
There is a criterion: if you want to see news about bankruptcies and liquidations everywhere, BTC must first fall below $74,000. This price point might be the watershed.
To be honest, this position is quite delicate right now. Will it continue to consolidate sideways or drop further? We'll see in the coming weeks.