Greeks.live: Most traders are focusing on the $74,000-$76,000 range as a potential downward target for BTC
Odaily Planet Daily reports that Greeks.live macro researcher Adam has released an English community brief, in which it is pointed out that the community generally holds a bearish attitude, with some hoping for a short-term rebound correction before continuing to fall. Most traders are focusing on the $74,000-$76,000 area as a potential downward target for BTC, while some see $87,000 as resistance. There is also extensive discussion about possible short squeeze scenarios ahead of the upcoming release of CPI data. Traders believe that the current market is undergoing an aggressive but orderly decline process, with an expected target consistent with the 365-day volume-weighted average price of $75,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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