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The recent price movements of Bitcoin are very similar to when it dropped to $60k before. Back then, there was also significant downward pressure, and now a similar pattern is emerging. It feels like there's a lack of strength to push the price higher.
Looking at the price action, even during rebounds, the buying support is weak. Considering past patterns, there's a possibility of repeating the same mistakes. From a chart perspective, I think this is a situation that requires caution.
Well, the crypto market is always hard to predict, so it's not straightforward. But when comparing to past patterns, the current lack of strength can't be ignored. It might be worth keeping an eye on the developments.