On a daily TF, BTC has reached the support level of $ 40,000 area and has not shown an interesting reaction to it, and there is probably another downward pressure to cause panic and liquidation by the whales. However, look at the $ 40,000 and $ 37,500 levels. If the green daily candle (preferably a hammer with a very high trading volume) closes, that day will be the day of market return; Otherwise, the market will remain in the hands of bears.
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