Bitcoin Falls Below $76K Bear-Bull Threshold Cited by Tom Lee

BTC-1.8%
According to ChainCatcher, Bitcoin dropped below the $76,000 bear-bull threshold proposed by Tom Lee, oscillating near the $75,000 support level. The asset failed to break through the $78,000 resistance level, triggering renewed market concerns over bearish signals. Additionally, September-expiration Bitcoin put options with a $55,000 strike price ranked among the most actively traded contracts in the past 24 hours, indicating increased hedging demand against further Bitcoin price declines.
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