Bitcoin drops below $88,000, 24-hour gain narrows to less than 1%

【Blockchain Rhythm】Bitcoin has temporarily broken below the support level. On December 18, BTC price fell below the $88,000 mark, with a low of around $88,081. In terms of gains, it has already retreated to 0.8% over the past 24 hours, and the previous upward momentum has significantly weakened. In the short term, the market may fluctuate again, so everyone should continue to pay attention to the subsequent developments.

BTC-0.69%
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MissedAirdropBrovip
· 12-21 12:13
88k has broken, the momentum has weakened, this back and forth is really annoying.
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NftBankruptcyClubvip
· 12-19 18:36
Oh no, it dropped again. This wave isn't as fierce as I imagined.
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CryptoWageSlavevip
· 12-19 04:40
The moment I see the term "damping of momentum," I know it's time to start cutting losses haha
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LiquidationWatchervip
· 12-18 15:07
The momentum has waned, which is why I keep saying not to chase the rally.
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LightningClickervip
· 12-18 15:06
This drop is a bit fierce; once the momentum diminishes, it's all over.
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Anon32942vip
· 12-18 15:04
Here we go again, this repeated pattern is really annoying.
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SnapshotStrikervip
· 12-18 15:03
Breaking through the level, just break through it. Anyway, I've been waiting for this moment all along.
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DaoGovernanceOfficervip
· 12-18 14:40
ngl the momentum data here is honestly pretty telling—0.8% in 24h is basically sideways action at this point. according to research on market microstructure, when volatility compresses like this we typically see a governance moment emerging tbh. *sigh* nobody actually studies the on-chain voting patterns during consolidation phases anymore tho
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