Influenced by the widespread market sentiment of "extreme panic," ETF capital outflows, and geopolitical uncertainties, Bitcoin's price has dropped 4.71% to $63,171. Currently, the price is confined within a downward channel, with key support around $43,000 and resistance near $70,000. As volatility narrows and derivatives leverage diminishes, the market is expected to experience a decisive breakout or breakdown.
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Influenced by the widespread market sentiment of "extreme panic," ETF capital outflows, and geopolitical uncertainties, Bitcoin's price has dropped 4.71% to $63,171. Currently, the price is confined within a downward channel, with key support around $43,000 and resistance near $70,000. As volatility narrows and derivatives leverage diminishes, the market is expected to experience a decisive breakout or breakdown.