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In the past 24 hours, the Bitcoin market has once again experienced a rollercoaster ride.
The price surged to a high of $88,000, then suddenly reversed, plunging to a critical zone around $86,000. It ultimately closed slightly lower, down about 1%, hovering near $87,814.
This intense battle between bulls and bears has focused everyone's attention on an invisible "life and death line"—the support zone between $86,000 and $86,125.
The gains and losses here are likely to determine Bitcoin's short-term and medium-term trajectory!$BTC