Recently, Bitcoin's market has been quite unpredictable, with the price suddenly plunging to $24,111. Such a sharp decline is indeed unexpected. Where is this selling pressure coming from? Some speculate that it might be from large whales dumping, but there is no clear news to support this at the moment. From a technical perspective, this level seems to touch some key support, and the potential for a rebound should be watched closely. What are your thoughts on this market movement?

BTC1.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ZenMinervip
· 5h ago
Getting nervous at 24111? That's just the beginning, I'm used to it.
View OriginalReply0
CoinBasedThinkingvip
· 5h ago
24k this level is quite impressive, where has the iron hand of the dump actually hidden?
View OriginalReply0
SignatureVerifiervip
· 5h ago
ngl that 24k wick screams insufficient validation of market structure... where's the audit trail on this selling pressure? technically speaking, needs way more rigor before anyone starts talking support levels
Reply0
StablecoinGuardianvip
· 6h ago
Pushing to 24111 and then calling for support—I'm tired of this routine.
View OriginalReply0
SpaceForTimevip
· 6h ago
Blurted out, 24111? Did I travel through time?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)