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Meilin (美林 / 美琳)
📢 [Weekly Cryptocurrency Report] #BTC on the Edge: Local Bottom or Deeper Correction?
📈 Report
All cycle indicators have simultaneously turned downward. This reflects both the appearance of a local bottom and the beginning of a deeper correction.
Bitcoin has dropped 9% over 30 days and 15% from the September high of $87,400. The decline started as profit-taking after the September rally, accelerated due to the Fed's hawkish shift, and deepened further with the Binance hack and the
