Bitcoin prices are repeatedly fluctuating within a narrow range of $84,000 to $91,000, with market sentiment caught in a delicate balance between panic selling and short covering.
Currently, a core contradiction exists: the market is approaching a local bottom and has the conditions for stabilization, but it is far from healthy. Over 7 million Bitcoins are in an unrealized loss state, reflecting the market's difficulty in reclaiming the true market average.
The S&P 500 index is approaching all-time highs, while Bitcoin is struggling within a narrow range. This decoupling phenomenon has intensified the market's structural weakness.
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Bitcoin prices are repeatedly fluctuating within a narrow range of $84,000 to $91,000, with market sentiment caught in a delicate balance between panic selling and short covering.
Currently, a core contradiction exists: the market is approaching a local bottom and has the conditions for stabilization, but it is far from healthy. Over 7 million Bitcoins are in an unrealized loss state, reflecting the market's difficulty in reclaiming the true market average.
The S&P 500 index is approaching all-time highs, while Bitcoin is struggling within a narrow range. This decoupling phenomenon has intensified the market's structural weakness.
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