Bitcoin Falls Below $78,000 as Market Enters Volatile Phase
Latest data shows Bitcoin has dropped below the critical support level of $78,000, currently trading at $77,991.19.
Although a 1.37% gain was recorded within 24 hours, the price movement has been significant, indicating market instability.
- Short-term investors face increased risks
- Technical analysis suggests further correction
- Recommend cautious trading and position control
The cryptocurrency market is in a consolidation phase, and investors are advised to closely monitor price movements and plan strategies accordingly.