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TechFlow News, September 2 — According to IntoTheBlock data, approximately 7 million addresses purchased Bitcoin within the price range of $61,700 to $70,500. As a large number of traders in this range are currently at a loss, persistent selling pressure emerges whenever Bitcoin approaches this level, with many investors seeking to break even. Bitcoin will require strong momentum to overcome this resistance and reach new highs.
According to IntoTheBlock data, approximately 7 million addresses purchased Bitcoin between $61,700 and $70,500. As a large number of traders are currently at a loss within this price range, persistent selling pressure emerges whenever Bitcoin approaches these levels, with many investors seeking to break even. Bitcoin will require strong momentum to突破 this trend and reach new highs.
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