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BTC Monthly Chart Is About to Close, Bulls and Bears Will Face a Critical Decision!
This month, the price surged and then pulled back, essentially giving back previous gains, and market sentiment is becoming more cautious. The mid-term trend will depend on the final closing position of the monthly chart.
The current focus is on the key support zone at the monthly level, which will serve as the dividing line between bulls and bears. Pay close attention to the 63,000–65,000 range:
· If the price tests this area and stabilizes, successfully holding it, the mid-term structure remains healthy, with an upward target of up to 82,000;
· If the price breaks below this area, be prepared for a deep correction!
For short-term trading, prioritize the validity of support levels as the main criterion. Avoid blindly chasing gains or cutting losses, focus on risk management, and wait for the trend to clarify before entering the market!