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- MC:$3.6KHolders:10.00%
- MC:$3.62KHolders:20.09%
- MC:$3.64KHolders:20.00%
- MC:$3.58KHolders:10.00%
- MC:$3.59KHolders:10.00%
The relay pattern of this Bitcoin correction has already played out quite thoroughly.
Yesterday, after the interest rate cut news was announced, BTC repeatedly fluctuated at this level, with the 4-hour moving averages showing clear resistance, and multiple attempts to push higher failed to stabilize. Based on the current trend, it is likely to test the support level around $80,000 again.
However, speaking of which, if it indeed reaches the previous low and then shows a volume surge with a rebound, it could be a good opportunity to enter. After all, the stabilization signals following a secondary bottom are often quite solid.