Looking at the market, the key support has not held, and the short-term trend is indeed a bit weak. From the price pattern perspective, if the bulls do not push back at this moment, it is likely that we will have to test lower support levels in the future.
That being said, this kind of fluctuation is actually normal – just a healthy adjustment in a bull market. Don't panic just because of a temporary drop, and don't label the market as a bear market just because of an adjustment. Be patient and see how the bulls and bears contend in the next few days; the key point is whether the crucial levels can hold.
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blockBoy
· 12h ago
The support has not held again, this time we really have to see if the long positions can hold firm.
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CodeSmellHunter
· 20h ago
The support didn't hold, and it does look a bit precarious, but there's really no need to panic.
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Rugman_Walking
· 12-01 16:52
Fell again, the longer needs to put in some effort this time.
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AlgoAlchemist
· 12-01 16:52
Support has not held above again, long positions should wake up now.
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GasFeeBarbecue
· 12-01 16:46
The support hasn't held again, the long positions really need to make a strong push this time, otherwise it will be really precarious.
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AirdropGrandpa
· 12-01 16:46
It has fallen again. The key level has not been maintained, this time it really feels a bit precarious.
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PanicSeller
· 12-01 16:40
If the support has already broken and it's still called a healthy adjustment, who are they fooling?
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SolidityJester
· 12-01 16:27
It has fallen again, why haven't the long positions made a strong push yet?
Bitcoin has dropped again today.
Looking at the market, the key support has not held, and the short-term trend is indeed a bit weak. From the price pattern perspective, if the bulls do not push back at this moment, it is likely that we will have to test lower support levels in the future.
That being said, this kind of fluctuation is actually normal – just a healthy adjustment in a bull market. Don't panic just because of a temporary drop, and don't label the market as a bear market just because of an adjustment. Be patient and see how the bulls and bears contend in the next few days; the key point is whether the crucial levels can hold.