Recently, Bitcoin's market has been quite unpredictable, with the price suddenly plunging to $24,111. Such a sharp decline is indeed unexpected. Where is this selling pressure coming from? Some speculate that it might be from large whales dumping, but there is no clear news to support this at the moment. From a technical perspective, this level seems to touch some key support, and the potential for a rebound should be watched closely. What are your thoughts on this market movement?
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UnluckyLemur
· 12-28 18:59
Puncturing the pin is really annoying, and it's a bit unsettling that the key support level was pierced.
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ZenMiner
· 12-26 02:56
Getting nervous at 24111? That's just the beginning, I'm used to it.
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CoinBasedThinking
· 12-26 02:54
24k this level is quite impressive, where has the iron hand of the dump actually hidden?
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SignatureVerifier
· 12-26 02:51
ngl that 24k wick screams insufficient validation of market structure... where's the audit trail on this selling pressure? technically speaking, needs way more rigor before anyone starts talking support levels
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StablecoinGuardian
· 12-26 02:44
Pushing to 24111 and then calling for support—I'm tired of this routine.
Recently, Bitcoin's market has been quite unpredictable, with the price suddenly plunging to $24,111. Such a sharp decline is indeed unexpected. Where is this selling pressure coming from? Some speculate that it might be from large whales dumping, but there is no clear news to support this at the moment. From a technical perspective, this level seems to touch some key support, and the potential for a rebound should be watched closely. What are your thoughts on this market movement?