The afternoon market continues to show a weak pattern, with Bitcoin accelerating downward after breaking the key support at 67000, reaching a low of around 66000. The short position at 67500 that we set up in the afternoon accurately captured this drop, successfully securing a 700-point range. Currently, it is trading around 66300, and the short-term bearish dominance remains unchanged.
From a technical structure perspective, the daily chart has consistently closed with negative candles, and the price has fallen below the recent fluctuation box's lower edge, with 67000 turning from support to resistance. On the four-hour chart, the moving average system shows a bearish arrangement, with MA5 and MA10 continuously diverging downwards, significantly suppressing any rebound. The MACD fast and slow lines are operating below the zero axis, and there are no signs of a decrease in bearish momentum, indicating that the downward energy has not yet been fully released.
Currently, the market's rebound is weak, and each pullback encounters selling pressure, leading to a bearish market sentiment. The short-term support below is focused on the 66000 integer level, and if it further loses support, it is highly likely to test the 65500 or even 65000 area. For resistance above, pay attention to the 66500-66800 range; until the price stabilizes above 67000, any rebound can be seen as a high short opportunity. In terms of operation, maintain the strategy of rebounding to short, and it is not recommended to blindly catch a falling knife. Once a trend forms, going with the flow is the prudent choice. #谷歌量子AI警示加密安全 $BTC
