Since the peak of 79,455, Bitcoin has fallen back, and the bearish trend has been fully established. The current quote is 75,976.9, down 0.80% intraday, with a minimum touching 75,635.6. Funds continue to flow out net by 1.23B yuan, and selling pressure is still being released. Currently, both the fundamentals and technical aspects are resonating with negative signals. Middle Eastern geopolitical risks continue to ferment, market risk aversion sentiment heats up, and funds are accelerating to flee from high-risk assets. Bitcoin and Ethereum are moving weaker in tandem, with the bearish trend fully dominating.


In terms of trading, focus on shorting on rebounds, do not easily bottom fish or buy aggressively, strictly set stop-losses, manage positions carefully, and avoid needle insertion risks.
BTC-0.67%
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