Bitcoin started to decline from the high point near 74,100, oscillating and weakening along the downward channel, with rebounds lacking strength and continuously breaking new lows. From early morning to dawn, after a volume surge down to 66,150, the decline slowed, and the current price is consolidating sideways at a low level. Our short position in the rebound zone from yesterday was perfectly realized, yielding considerable profit.



The 4-hour chart shows continuous downward movement, with the price under pressure from the middle Bollinger Band, and a slight short-term stabilization after a sharp drop. The long-term bearish trend remains unchanged, with limited rebound space, so the strategy remains biased toward the downside.

Bitcoin rebounds around 67,300-68,000, short at 66,000-65,000.

Ethereum rebounds around 1,870-1,900, short at $BTC 1,830-1,780.
BTC-3.5%
ETH-5.04%
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