Bitcoin once fell below 64,000, and Ethereum dropped to $3,100! Where is the key support level?

This site (120BtC.coM): After failing to break through 67,000 US dollars several times yesterday, Bitcoin started to decline around 8 o'clock last night, and started to decline this morning (25). The lowest reached 63,602 US dollars after four points. At the time of writing, the decline has somewhat subdued and the price is currently at $64,543, down 3.42% in the past 24 hours.

Ethereum once fell to US$3,100

As for Ethereum, ETH originally wanted to challenge US$3,300 last night, but it also fluctuated and fell at about the same time, and almost missed US$3,100 as low as early in the morning. At the time of writing, it was trading at US$3,160, down 2.23% in the past 24 hours.

CoinMarkeCap ​​data shows that most of the other top ten tokens have also fallen in the past 24 hours. Except for BNB, which still stands above 600 US dollars, a slight increase of 0.02%, SOL, DOGE, and ADA are all close to 6 % decline.

Where is the Bitcoin support level?

Since March, Bitcoin has reached the $60,000 level many times. Each time it fell below, it quickly recovered, which means that many investors choose to buy the bottom at this price. It is a support level worthy of attention.

If the decline continues, but Bitcoin quickly closes at $60,000 again, it may consolidate in this range for more time to accumulate energy. But if it does fall below, according to analysis channel 10x Research, it may test the next support level of $52,000.

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