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CryptoQuant: Multiple Bitcoin indicators turn bearish, market at a critical juncture between bottoming and correction.

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A CryptoQuant report shows that Bitcoin has fallen 9% in the past 30 days and retreated 15% from its September high. The bullish rating index has dropped from 90 to 20, entering extremely bearish territory; apparent demand has shrunk by 284,000 BTC in the past 30 days, USDT's market capitalization has decreased by $6.6 billion in the past 60 days, and traders' unrealized returns have fallen to -6%. Bitcoin has fallen below its 365-day moving average of $76,400, with $73,200 serving as key support. The report predicts it will consolidate in the $70,000 to $76,000 range over the next few weeks; a break below this key support level would trigger a deeper correction.

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