Market Experiences Bearish Shock as Traders Eye Key Support Level

According to BlockBeats, Greeks.Live researcher Adam shared on social media that the English-speaking community recently faced a bearish shock. The market experienced a significant decline during the monthly close on Sunday evening, resulting in losses for call option buyers and raising concerns about further downturns. Traders have identified $83,000 as the next critical support level, noting the absence of substantial buying interest before reaching this point. Despite the uncertainty in timing, some remain cautiously optimistic about Bitcoin reaching a new all-time high.