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I just saw BTC drop again, now it’s at 73K. But what’s interesting is that if we look at history, usually before the bottom is formed, there’s some pressure first. So there’s still potential volatility that we need to monitor.
The historical chart shows the same pattern multiple times. Every time there’s a big pullback, there’s usually a fairly long consolidation phase before it finally rebounds. The previous high marks become quite strong resistance.
So the main point is, don’t rush to assume this is the bottom. There could still be more pressure before it truly stabilizes. We need to see which support levels will hold.