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When it comes to cryptocurrency, everyone will think of November 2021. After the price of Bitcoin reached a historic high, everything changed, and perhaps a series of unfortunate events began

At 09:00 on September 16, 2023 (UTC+8), the BTC price is around $26600.Trend: ShortJudgment:Continuing the previous analysis, prices rebounded weakly at the pressure line of 31000

A highly regarded cryptocurrency analyst shared what he called a "cheat sheet" to interpret price trends before the next Bitcoin (BTC) halving event. The analyst, pseudonym RektCapital, displayed a chart on social media platforms, showing that BTC's current price is within the expected range before halving

Bitcoin (BTC) has gone through another calm week, with a bearish outlook as it falls below the 30000 mark. However, the stalemate has not yet been broken, and we are wary of this week's series of heavyweight events leading to unexpected market conditions

#Headline Creation Challenge#The main differences between Bitcoin and traditional electronic currencies are as follows:Bitcoin is decentralized, while traditional electronic currencies have a central service provider. This makes Bitcoin without a single vulnerability to be breached, and the system is relatively stable;2

Sellers have expanded their dominant position, and bulls are unable to rebound after a significant reversal from their psychological level of $2000.Due to the price still falling below the resistance level of $1924, sellers have expanded their bearish dominant positionMACD's bearish crossover highlights selling pressureThe market wealth of bulls continues to decrease, causing Ethereum [ETH] to fall below the support level of $1924

Sellers have expanded their dominant position, and bulls are unable to rebound after a significant reversal from their psychological level of $2000.Due to the price still falling below the resistance level of $1924, sellers have expanded their bearish dominant positionMACD's bearish crossover highlights selling pressureThe market wealth of bulls continues to decrease, causing Ethereum [ETH] to fall below the support level of $1924

Sellers have expanded their dominant position, and bulls are unable to rebound after a significant reversal from their psychological level of $2000.Due to the price still falling below the resistance level of $1924, sellers have expanded their bearish dominant positionMACD's bearish crossover highlights selling pressureThe market wealth of bulls continues to decrease, causing Ethereum [ETH] to fall below the support level of $1924

Sellers have expanded their dominant position, and bulls are unable to rebound after a significant reversal from their psychological level of $2000.Due to the price still falling below the resistance level of $1924, sellers have expanded their bearish dominant positionMACD's bearish crossover highlights selling pressureThe market wealth of bulls continues to decrease, causing Ethereum [ETH] to fall below the support level of $1924

Bitcoin shows signs of the end of integration, but demand remains low.The price trend of BTC indicates that it is still possible to fall to $28000

#Headline Creation Challenge#The price of Bitcoin has been consistently decliningNarrow intervalInternal trading, but now this range has been broken. The king of Cryptocurrency turned down again, and it seems that there is no clear reason for the decline

Bitcoin continues to test investors' patience as it remains within a narrow range. Although recent gains have been made, traders need to remain vigilant as narrow volatility often leads to a sharp increase in volatility