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Market sentiment is completely bearish! Going with the trend and shorting is the way to go, avoid bottom fishing.
The US stock market opened lower, combined with the sudden outbreak of conflict after the Middle Eastern steel plant was bombed, pushing market bearish sentiment to the max.
Currently, Bitcoin is repeatedly testing the bottom around 65,700. The strong resistance above at 66,700 is clear, with clear strong pressure. 66,000 is a critical support level. If US stocks continue to weaken, Bitcoin is likely to drop directly to 66,000. Once this level is broken, there is little support at 65,000, and the downside space opens up.
The trading strategy is very clear: follow the trend and short, avoid catching falling knives.
A rebound in Bitcoin is a high bearish opportunity. The first target is below 65,000-62,500✓, with a long-term target of 60,000.
The altcoin also follows the bearish trend, with the first target below 1950-1880✓, and a long-term target of 1670.
Finally, I want to emphasize: in this kind of sentiment-driven one-way market, don’t think about bottom fishing to catch a rebound. Survive first, then talk about strength. #美联储加息预期再起 #特朗普称打击暂缓期延长10天 $BTC $ETH $SOL