BTC has dropped to around 8.99! The next target is 90,000, while a further drop would be to the 8.8-8.5 range. The current market situation is rather awkward. Gold and silver prices continue to rise, with funds flowing into precious metals, stocks, and futures. Cryptocurrency liquidity is not as strong. Bitcoin will likely trade sideways around 90,000 in the short term, and in the near term, it will fluctuate between 8.8 and 8.5. A further drop would be disastrous for the altcoin market. Last time, after PEPE returned to the 7s, the market fluctuated and is now in the 5s. In the long term, I am still optimistic about the market's trend. Do you all remember the last bear market? How many people managed to buy in, and how many lost everything…?
#CryptoMarketObservation
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