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Noora khan
Is this crypto cycle really over?
I believe it’s not clearly over yet; currently, it has just entered a critical testing zone.
The following risk areas must be closely monitored.
Risk Area 1: Short-term holder cost
$BTC has fallen below the short-term holder cost line of about 75.6K, currently oscillating between 73-74K. Nearly 60% of recent buyers are at a loss, and losing chips continue to flow into exchanges. If it cannot quickly recover 75.6K, selling pressure will persist repeatedly.
