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Event ends: August 9, 16:00 UTC
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According to a message from 深潮 TechFlow on August 2, crypto analyst Muro expressed on social media X that Bitcoin (BTC) has broken through the channel pattern and is possibly undergoing a bearish retest. Muro stated that while he is reluctant to switch to a bearish stance, BTC needs to return above the channel pattern to restore bullish expectations. Otherwise, Bitcoin may experience a chain fall as he mentioned yesterday. Muro advises investors to cautiously manage risks.