Greeks.live: Most traders are looking at the $7.4-$76,000 area as a potential downside target for BTC

Odaily Planet Daily News Greeks.live Macro researcher Adam released an English-language community briefing, which pointed out that the community is generally bearish, and some hope for a short-term rebound correction before continuing to fall. Most traders are eyeing the $7.4-$76,000 area as a potential downside target for BTC, with some seeing $87,000 as a resistance level, while there is also a lot of discussion about a possible short squeeze market ahead of the upcoming CPI data. Traders believe that the market is currently going through an aggressive but orderly downward process, with the expected target of $75,000 in line with the 365-day volume weighted average price.