BTC continues to face pressure recently. Yesterday, it plummeted from 89,200 all the way down to 87,100. This wave of decline indicates that the price remains in a clear downtrend channel. From a technical perspective, BTC in January may continue this correction, similar to the drop from $100,000 to $80,000 last year. This time, it might dip into the 7-digit region, which would be the true stage bottom. Of course, the future movement still depends on the market's actual performance, so it's worth continuing to observe. Additionally, the performance of altcoins has indeed been disappointing.

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