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I checked the market this morning. BTC is now at 66,344. It dropped from 69,086 yesterday, and it's real selling, not just a fake-out to scare people. The bulls have no strength left; they’re just being pressed down and rubbed out.
As for today's rebound, you could call it a rebound, but really, it’s just a sluggish grind upward, like someone just poking at it without much enthusiasm. I've seen this kind of chart too many times—it's a typical weak recovery after a decline, not a major shakeout by the big players. Shakeouts don’t look so timid; they usually pull back quickly after.
So the conclusion is simple: right now, the bears are in control. Don’t listen to those calling for a bottom; if you want to buy, go ahead.
Let me talk about the levels. The range from 66,850 to 67,920 is a hurdle—probably where it gets hammered down. Below that, 65,600 to 65,900 is a temporary breather zone. If it breaks through there, don’t hesitate—look further down.
My own plan for trading is: if it bounces to 67,300–67,900, I’ll take a small short position, with a stop loss at 68,300. First target is 66,200–65,800. If it really breaks below 65,600, I’ll follow the trend and look further down to 64,600–64,100. Keep your position light; there’s no need to get overly aggressive at this level.